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

CEO Zhenya Lindgardt sold 9,406 shares of Sera Prognostics to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On May 8, 2025, Zhenya Lindgardt, CEO of Sera Prognostics, sold 9,406 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $2.44.
• The sale was to cover tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Lindgardt still beneficially owns 867,251 shares.
• The sale was mandated by the issuer's election to require the satisfaction of tax withholding obligations to be funded by 'sell to cover' transactions and does not represent a discretionary transaction by the Reporting Person.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't indicate positive or negative sentiment.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.

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

Keywords

SERA, Sera Prognostics, Zhenya Lindgardt, SEC Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership