Form 4: Savara Inc. Executive Lutz Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Robert Matthew Lutz, Chief Operating Officer of Savara Inc., disposed of shares to cover tax liabilities arising from vested restricted stock units.
Summary
- On February 13, 2025, Robert Matthew Lutz, the Chief Operating Officer of Savara Inc., disposed of 38,263 shares of common stock.
- The disposal was executed to cover tax obligations related to the vesting of previously awarded restricted stock units.
- The shares were disposed of at a price of $2.83 per share.
- Following the transaction, Lutz directly owns 361,737 shares of Savara Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a share disposal for tax purposes, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of the transaction (share disposal). |
| 02/14/2025 | Date of signature for the Form 4 filing. |
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