Form 4: SpringWorks Therapeutics' Chief Medical Officer Reports Tax-Related Stock Transaction
SEC Filing (Form 4)
James Cassidy, Chief Medical Officer of SpringWorks Therapeutics, reports a transaction involving the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On July 1, 2024, James Cassidy, the Chief Medical Officer of SpringWorks Therapeutics, had 591 shares of common stock withheld by the issuer to satisfy tax obligations.
- This transaction occurred in connection with the vesting of restricted stock units.
- Following the transaction, Cassidy directly owns 75,825 shares of SpringWorks Therapeutics common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) and standard regulatory filing, suggesting a stable outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of the stock transaction (tax withholding). |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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