Form 4: Sera Prognostics CEO Zhenya Lindgardt Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
CEO of Sera Prognostics, Zhenya Lindgardt, sold 25,085 shares of Class A Common Stock to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- Zhenya Lindgardt, CEO of Sera Prognostics, sold 25,085 shares of Class A Common Stock on September 10, 2024.
- The shares were sold at a weighted average price of $7.57.
- The sale was mandated by the issuer to cover tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Lindgardt still beneficially owns 831,833 shares.
- The shares were sold as part of a block trade in multiple transactions at prices ranging from $7.11 to $7.80.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine transaction related to tax obligations and doesn't necessarily indicate a change in the executive's confidence in the company. It is common for executives to sell shares to cover taxes related to vesting equity.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of the stock sale transaction. |
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