Form 4: Ultragenyx Pharmaceutical Inc. Executive Sells Shares
SEC Form 4 Filing
A senior executive at Ultragenyx Pharmaceutical Inc. has sold a portion of their common stock holdings.
Summary
- Theodore Alan Huizenga, a Senior Vice President and Chief Accounting Officer at Ultragenyx Pharmaceutical Inc., has sold 648 shares of common stock.
- The transaction occurred on December 10, 2024.
- The sale included shares previously reported as underlying Restricted Stock Units (RSUs) that are subject to vesting conditions.
- Additionally, 237 shares were acquired through the company's 2014 Employee Stock Purchase Plan on October 31, 2024.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of an executive stock sale, which is neither positive nor negative in itself. The sentiment is neutral.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies and are often scrutinized by investors for insights into management's perspective on the company's future.
Comparison to Industry Standards
- Executive stock sales are a normal part of compensation and portfolio management for executives in publicly traded companies.
- The number of shares sold is relatively small compared to the total outstanding shares of Ultragenyx, and is not unusual for an executive at this level.
Stakeholder Impact
- The stock sale may have a minor impact on the stock price, but is unlikely to have a significant effect on the company's operations or long-term prospects.
Key Dates
| Date | Description |
|---|---|
| 2024-10-31 | 237 shares acquired under the Company's A&R 2014 Employee Stock Purchase Plan. |
| 2024-12-10 | Sale of 648 shares of common stock by Theodore Alan Huizenga. |
| 2024-12-11 | Date of filing. |
Keywords
Ultragenyx, stock sale, executive, common stock, RSU, employee stock purchase plan, insider trading
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