Form 4: Seer Inc. CEO Omid Farokhzad Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Seer Inc. CEO Omid Farokhzad sold 8,068 shares of Class A Common Stock on February 4, 2025, to satisfy tax obligations related to vesting restricted stock units.
Summary
- On February 4, 2025, Omid Farokhzad, CEO and Chair of Seer, Inc., sold 8,068 shares of Class A Common Stock at a price of $2.2365 per share.
- The sale was executed to cover tax obligations associated with the vesting of restricted stock units (RSUs).
- Following the transaction, Farokhzad directly owns 1,428,217 shares of Seer, Inc. Class A Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The transaction is a routine sale of shares to cover tax obligations, which is a common practice. It doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Sales of shares to cover tax obligations from vesting RSUs are a common practice among company executives and do not necessarily indicate a negative outlook on the company's future.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of the stock sale transaction. |
| 02/05/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Seer, Inc., Omid Farokhzad, Stock Sale, RSUs, Tax Obligations, Beneficial Ownership, Class A Common Stock
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