Form 4: Vaxart CEO Steven Lo Reports Share Disposal for Tax Obligations

Vaxart's CEO, Steven Lo, disposed of 22,362 shares to cover income tax obligations related to vested RSUs.

Summary

• On March 18, 2025, Steven Lo, the President and CEO of Vaxart, Inc., disposed of 22,362 shares of common stock.
• The shares were withheld by Vaxart to satisfy income tax withholding and remittance obligations related to the net settlement of Restricted Stock Units (RSUs) that vested on the same date.
• The transaction was executed at a price of $0.5702 per share.
• Following the transaction, Steven Lo directly owns 227,638 shares of Vaxart common stock.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so it's neutral in sentiment. It doesn't indicate a change in the executive's confidence in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like CEOs and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Key Dates

Keywords

Vaxart, Steven Lo, VXRT, Form 4, Share Disposal, RSUs, Tax Obligations, Insider Trading