Form 4: Sera Prognostics CFO Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Austin Aerts, CFO of Sera Prognostics, sold 8,092 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 26, 2024, Austin Aerts, the Chief Financial Officer of Sera Prognostics, sold 8,092 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 shares were sold at a weighted average price of $9.37, with individual transactions ranging from $8.78 to $9.86.
- Following the transaction, Aerts directly owns 322,488 shares of Sera Prognostics Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction to cover tax obligations, so it has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction appears to be a standard 'sell to cover' to meet tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock sale transaction |
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