Kapusta Matthew C 4
Research Summary
AI-generated summary
uniQure (QURE) CEO Matthew Kapusta Receives RSUs; Sells Shares
What Happened
Matthew C. Kapusta, CEO and Managing Director of uniQure (QURE), received two awards on 2026-03-04: 70,600 restricted share units (RSUs) and 113,800 derivative awards (stock option/other derivative) — both granted at $0.00. On the same date he disposed of 14,581 shares in an open-market sale at a weighted average price of $9.06 for total proceeds of approximately $132,104. The sale was executed automatically to cover estimated withholding taxes and was not a discretionary trade.
Key Details
- Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (appears timely).
- Grants: 70,600 RSUs (F1) and 113,800 derivative award (stock option per F4), both reported as acquisitions at $0.00.
- Sale: 14,581 shares sold (S) at a weighted average price of $9.06, proceeds ≈ $132,104; sale prices ranged $9.00–$9.22 (F3).
- Reason for sale: automatic sale upon RSU vesting to cover withholding taxes (F2) — tax withholding, not a discretionary sale.
- Vesting notes: RSUs vest in 1/3 increments annually starting one year from grant (F1). The derivative/option vests 25% at year one then 6.25% quarterly thereafter (F4).
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
Context
- For retail investors: this filing mainly shows equity compensation being granted and an automatic sell-to-cover for taxes. Such automatic sales on vesting are routine and do not necessarily signal the insider’s market view.
- No open-market purchases were reported; purchases are generally more informative about insider bullishness.
- The derivative award is a future-vesting instrument (option/award) and does not represent immediately tradable shares until vested and, if applicable, exercised.