Form 4: Voyager Therapeutics CEO Alfred Sandrock Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Voyager Therapeutics CEO Alfred Sandrock sold 12,115 shares of common stock on April 2, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On April 2, 2024, Alfred Sandrock, the President and CEO of Voyager Therapeutics, sold 12,115 shares of Voyager Therapeutics (VYGR) common stock.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units on April 1, 2024.
- The shares were sold at a weighted average price of $9.86, with individual transactions ranging from $9.71 to $10.02.
- Following the transaction, Sandrock directly owns 322,839 shares of Voyager Therapeutics common stock.
- The sale was conducted automatically according to a pre-arranged sales instruction letter and does not represent a discretionary trade.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover taxes) and doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a sale of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Restricted stock units vested, triggering tax obligations. |
| 04/02/2024 | Alfred Sandrock sold 12,115 shares of Voyager Therapeutics common stock. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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