Form 4: Sutro Biopharma Executive Linda Fitzpatrick Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Linda Fitzpatrick, Chief People & Communications Officer at Sutro Biopharma, reports the vesting and subsequent tax withholding of shares related to restricted stock units.

Summary

  • On March 5, 2025, Linda Fitzpatrick, Chief People & Communications Officer of Sutro Biopharma, engaged in transactions involving the company's common stock.
  • 8,750 shares were acquired through the vesting of restricted stock units (RSUs).
  • 3,594 shares were withheld by Sutro Biopharma to cover income tax obligations related to the RSU vesting at a price of $1.36.
  • Following these transactions, Fitzpatrick directly owns 95,433 shares of Sutro Biopharma common stock.
  • Additionally, 10,383 shares are indirectly held through the Michael A. & Linda A. Fitzpatrick Family Trust dated October 13, 1997.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices; therefore, the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders, providing transparency into their trading activities and ownership positions in their companies.

Key Dates

DateDescription
10/13/1997Date of the Michael A. & Linda A. Fitzpatrick Family Trust
03/05/2022Initial vesting date of RSUs (1/4th of total shares)
03/05/2025Date of reported transactions: RSU vesting and tax withholding
03/07/2025Date of signature on the Form 4 filing

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