Form 4: Vaxart SVP, General Counsel Edward Berg Reports Share Disposal for Tax Obligations

Edward Berg, SVP and General Counsel of Vaxart, Inc., reported disposing of 9,242 shares of common stock to cover income tax obligations related to vested RSUs.

Summary

• On February 2, 2025, Edward Berg, the SVP and General Counsel of Vaxart, Inc., disposed of 9,242 shares of common stock.
• The disposal was executed to satisfy income tax and withholding obligations related to the net settlement of Restricted Stock Units (RSUs) that vested on the same date.
• The price per share for the transaction was $0.6798.
• Following the transaction, Berg directly owns 261,464 shares of Vaxart common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It reflects a standard transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's overall outlook.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations related to vested equity compensation.

Key Dates

Keywords

Form 4, Vaxart, VXRT, Edward Berg, SVP, General Counsel, Share Disposal, RSUs, Tax Obligations, Beneficial Ownership