Form 4: Solid Biosciences Director Ilan Ganot Reports Stock Transactions

Sentiment:

SEC Form 4


Director Ilan Ganot reports acquisition and disposition of Solid Biosciences Inc. stock and restricted stock units, including sales to cover withholding taxes.

Summary

  • On January 27, 2025, Ilan Ganot, a director of Solid Biosciences Inc., reported transactions involving the company's stock.
  • These transactions included the acquisition of common stock through the conversion of restricted stock units and the sale of common stock to cover withholding taxes.
  • Specifically, 388 shares were acquired indirectly through his wife and 3,883 shares were acquired directly through conversion of restricted stock units.
  • A sale of 144 shares was executed at $3.1096 per share to cover withholding taxes related to vesting restricted stock units.
  • Following these transactions, Mr. Ganot directly owns 98,690 shares of common stock and indirectly owns 11,689 shares through his wife.
  • He also indirectly holds 19,394 shares through a trust and owns 3,884 restricted stock units directly and 389 indirectly through his wife.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of company stock.

Stakeholder Impact

  • The transactions provide shareholders with insight into the actions of a company director, which can influence investor sentiment.

Key Dates

DateDescription
March 3, 2017Date of the Ilan Ganot 2017 Irrevocable Trust
January 27, 2022Grant Date of restricted stock units for Ms. Ganot and the reporting person
September 25, 2024Date Ms. Ganot adopted a durable automatic sales instruction letter
January 27, 2025Date of stock and restricted stock unit transactions
January 28, 2025Date of stock sale to cover withholding taxes
January 29, 2025Date of signature for the Form 4 filing

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