Form 4: Vaxart SVP Sean Tucker Reports Share Disposal to Cover Tax Obligations

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

Summary

• Sean Tucker, SVP and Chief Scientific Officer of Vaxart, Inc., filed a Form 4 on March 20, 2025, reporting changes in beneficial ownership of the company's stock.
• The report indicates that 8,050 shares of common stock were disposed of on March 18, 2025, at a price of $0.5702 per share.
• This transaction was due to the issuer withholding shares to satisfy income tax obligations related to the net settlement of vested Restricted Stock Units (RSUs).
• Following the transaction, Tucker directly owns 338,403 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: The document is a routine regulatory filing, indicating a neutral sentiment. It reports a standard transaction related to tax obligations.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in insider ownership.

Key Dates

Keywords

Form 4, Vaxart, Sean Tucker, Beneficial Ownership, Stock Disposal, Tax Obligations, RSUs, VXRT