VXRT.OQXVaxart, INC

Form 4: Vaxart SVP, Chief Scientific Officer Sean Tucker Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Sean Tucker, SVP and Chief Scientific Officer of Vaxart, Inc., reports the withholding of shares to cover income tax obligations related to vested RSUs.

Summary

  • On February 2, 2025, Sean Tucker, the SVP, Chief Scientific Officer of Vaxart, Inc. [VXRT], had shares withheld by the issuer to satisfy income tax obligations related to the vesting of Restricted Stock Units (RSUs).
  • A total of 9,242 shares of common stock were withheld at a price of $0.6798 per share.
  • Following the transaction, Tucker directly owns 346,453 shares of Vaxart common stock.
  • Tucker also indirectly owns 51,465 shares through joint tenancy with Frances Chang and Sean Tucker, and 9,060 shares through his spouse.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard compensation practices. It doesn't indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of RSUs and the subsequent withholding of shares to cover tax obligations, a common practice.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine tax-related withholding of shares.

Key Dates

DateDescription
02/02/2025Date of the stock transaction (withholding of shares for tax obligations).
02/04/2025Date of signature on the Form 4 filing.

Keywords

Form 4, Vaxart, Sean Tucker, VXRT, Stock Transaction, RSUs, Beneficial Ownership, SVP, Chief Scientific Officer

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