Form 4: Sera Prognostics CEO Zhenya Lindgardt Sells Shares to Cover Tax Obligations

CEO of Sera Prognostics, Zhenya Lindgardt, sold 14,075 shares of Class A Common Stock on February 12, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On February 12, 2025, Zhenya Lindgardt, the CEO of Sera Prognostics, sold 14,075 shares of Class A Common Stock.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
• The transaction was not a discretionary sale by Lindgardt but was mandated by the issuer's policy to cover tax obligations through 'sell to cover' transactions.
• The shares were sold at a weighted average price of $4.58, with individual transactions ranging from $4.14 to $5.09.
• Following the reported transaction, Lindgardt beneficially owns 779,459 shares.
• Benjamin G. Jackson, Attorney-in-fact, signed the form on February 14, 2025.

Sentiment

Score: 5

Explanation: This is a neutral event related to tax obligations and does not necessarily reflect a positive or negative outlook on the company.

Industry Context

This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.

Stakeholder Impact

• The sale of shares could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates