Form 4: Sera Prognostics Chief Information Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Robert Gardner Harrison, Chief Information Officer of Sera Prognostics, sold 4,902 shares of Class A Common Stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Robert Gardner Harrison, the Chief Information Officer of Sera Prognostics, sold 4,902 shares of Class A Common Stock on May 8, 2024.
- The shares were sold at a weighted average price of $9.59.
- The sale was mandated by the issuer to cover tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Harrison still beneficially owns 140,795 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes). It doesn't indicate positive or negative sentiment.
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 by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of the transaction (sale of shares). |
| 05/10/2024 | Date of signature on the Form 4 filing. |
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