Form 4: Sera Prognostics Chief Data Officer Sells Shares to Cover Tax Obligations

Paul Kearney, Chief Data Officer of Sera Prognostics, sold 5,342 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On February 12, 2025, Paul Kearney, the Chief Data Officer of Sera Prognostics, sold 5,342 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 $4.58.
• The sales were part of a block trade with prices ranging from $4.14 to $5.09.
• Following the transaction, Kearney still beneficially owns 158,128 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 (sale of shares to cover taxes) and doesn't contain 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 corporate executives.

Key Dates