Form 4: Scholar Rock Director Sells Shares Under Pre-Arranged Tax Plan

Jeffrey S. Flier, a Director at Scholar Rock Holding Corp., sold 6,075 shares of common stock on May 29, 2025, under a Rule 10b5-1 trading plan to cover tax withholding obligations.

Summary

• Jeffrey S. Flier, a Director of Scholar Rock Holding Corp. (SRRK), reported the sale of common stock.
• On May 29, 2025, Mr. Flier sold 1,100 shares at a weighted average price of $29.2318 per share.
• On the same date, he sold an additional 4,975 shares at a weighted average price of $29.835 per share.
• The total number of shares sold was 6,075.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted on February 27, 2025.
• The stated purpose of the sales was to cover tax withholding obligations arising from the vesting and settlement of Restricted Stock Units (RSUs).
• Following these transactions, Mr. Flier directly beneficially owns 24,070 shares of common stock, which includes 7,632 RSUs.
• Additionally, 22,272 shares are indirectly owned by The Jeffrey S. Flier Family Trust 2014, for which Mr. Flier disclaims Section 16 beneficial ownership.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The transaction is a routine insider sale under a pre-arranged 10b5-1 plan specifically for tax withholding purposes, which does not typically indicate a change in management's view of the company's prospects.

Future Outlook

This Form 4 filing reports a routine insider transaction under a pre-arranged trading plan and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide information relevant to broader industry trends or competitive analysis. It reflects an individual's financial planning rather than a strategic corporate move.

Related Party Transactions

• The indirect beneficial ownership of 22,272 shares is held by The Jeffrey S. Flier Family Trust 2014, for which the Reporting Person's spouse and another individual are trustees. The Reporting Person disclaims Section 16 beneficial ownership of these securities.

Stakeholder Impact

• Shareholders: A routine insider sale for tax purposes is generally not seen as a significant indicator of company performance or future prospects, thus having minimal direct impact on shareholder sentiment.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Key Dates

Keywords

Scholar Rock Holding Corp, SRRK, Jeffrey S. Flier, Insider Trading, Form 4, Stock Sale, Rule 10b5-1, Tax Withholding, Restricted Stock Units, Director