Form 4: Vir Biotechnology Director Saira Ramasastry Sells 4,000 Shares
SEC Form 4
Director Saira Ramasastry sold 4,000 shares of Vir Biotechnology (VIR) common stock at a price of $10.9473 on June 11, 2024.
Summary
- On June 11, 2024, Saira Ramasastry, a director of Vir Biotechnology, Inc. (VIR), sold 4,000 shares of common stock.
- The transaction was executed at a price of $10.9473 per share.
- Following the transaction, Ramasastry directly owns 14,619 shares of Vir Biotechnology.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a director. The impact on investor sentiment is likely to be minimal unless it's part of a larger pattern of insider selling.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can provide insights into management's perspective on the company's valuation and future prospects. However, single transactions are not necessarily indicative of a trend.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of the stock sale transaction. |
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