Form 4: Scholar Rock Holding Corp Executive Sells Shares to Cover Tax Obligations

Caryn Parlavecchio, CHRO of Scholar Rock Holding Corp, sold shares to cover tax obligations related to vesting restricted stock units.

Summary

• On February 18, 2025, Caryn Parlavecchio, the CHRO of Scholar Rock Holding Corp, sold 5,296 shares of common stock at a price of $36.829 per share.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs) on February 15, 2025.
• This transaction was mandated by Scholar Rock's equity incentive plans, requiring Parlavecchio to fund the tax obligation through a 'sell to cover' transaction.
• Following the transaction, Parlavecchio beneficially owns 140,258 shares, consisting of 58,469 shares of common stock and 81,789 RSUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction is a routine sale to cover tax obligations, not necessarily indicative of the executive's view on the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and can be monitored by investors for insights into management's perspective on the company's value and future prospects. Sell-to-cover transactions are common when RSUs vest, as they allow insiders to meet their tax obligations without using personal funds.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, although it is a routine transaction.

Key Dates

Keywords

Form 4, Scholar Rock Holding Corp, SRRK, Caryn Parlavecchio, CHRO, Stock Sale, Restricted Stock Units, Tax Withholding, Beneficial Ownership