Jayagopal Ashwath 4
4 · Opus Genetics, Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Opus Genetics (IRD) Chief Scientific Officer Jayagopal Ashwath Sells Shares
What Happened Jayagopal Ashwath, Chief Scientific & Development Officer of Opus Genetics, sold 7,542 shares on April 23, 2026, for a total of approximately $39,156. The weighted-average sale price was $5.19 per share (individual trades ranged from $5.18 to $5.21). The filing indicates this sale was an automatic disposition to satisfy tax withholding obligations related to the vesting/settlement of restricted stock units—not a discretionary, open-market trade made for investment reasons.
Key Details
- Transaction date: 2026-04-23; Form 4 filed: 2026-04-27 (filed within the typical two-business-day reporting window).
- Shares sold: 7,542; weighted-average price: $5.19; price range: $5.18–$5.21.
- Total proceeds: approximately $39,156.
- Ownership after transaction: not specified in the provided filing.
- Footnotes: F1 — sale was automatic for tax withholding (not a discretionary sale). F2 — weighted-average price shown; shares sold in multiple trades and the insider can provide per-trade breakdown on request.
- Transaction codes: S = sale; F (tax withholding) applies per footnote.
Context This was a non-discretionary, routine tax-withholding sale tied to RSU vesting. Such withholding sales are common and generally not treated as a signal about the insider’s view of the company’s prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-04-23$5.19/sh−7,542$39,156→ 509,233 total
Footnotes (2)
- [F1]The shares reported on this line were sold automatically on behalf of the Reporting Person, as required by the Company to satisfy tax withholding obligations that arose in connection with a vesting and settlement event from a restricted stock units award. This transaction does not represent a discretionary trade by the Reporting Person.
- [F2]The price in column 4 represents the weighted average price. The shares were sold in multiple transactions at prices ranging from $5.18 to $5.21, inclusive. The Reporting Person undertakes to provide the issuer, any securityholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.