Form 4: Seer Inc. CEO Omid Farokhzad Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
CEO Omid Farokhzad sold 33,663 shares of Seer, Inc. Class A Common Stock on May 20, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On May 20, 2025, Omid Farokhzad, the CEO and Chairman of Seer, Inc., sold 33,663 shares of Class A Common Stock.
- The shares were sold at a price of $2.0751 per share.
- The transaction was executed to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- Following the transaction, Farokhzad directly owns 1,306,060 shares of Seer, Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | Date of the transaction: Sale of 33,663 shares of Class A Common Stock. |
| 05/22/2025 | Date of signature on the SEC Form 4 filing. |
Keywords
Seer, Inc., Omid Farokhzad, Class A Common Stock, SEC Form 4, Share Sale, Restricted Stock Units, Tax Obligations, Beneficial Ownership
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