Form 4: Roivant Sciences President & COO Eric Venker Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Eric Venker, President & COO of Roivant Sciences, disposed of 10,947 common shares to cover tax obligations related to vested RSUs.
Summary
- On August 20, 2024, Eric Venker, the President & COO of Roivant Sciences Ltd., disposed of 10,947 common shares.
- The transaction was executed to cover tax withholding obligations related to the vesting and settlement of previously granted Restricted Stock Units (RSUs).
- The shares were disposed of at a price of $11.48 per share.
- Following the transaction, Venker directly owns 639,360 common shares of Roivant Sciences Ltd.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of stock disposal transaction |
| 08/22/2024 | Date of signature on the Form 4 filing |
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