YERXA BENJAMIN R 4
Research Summary
AI-generated summary
Opus Genetics (IRD) President Benjamin R. Yerxa Sells 7,470 Shares
What Happened
- Benjamin R. Yerxa, President and Director of Opus Genetics (IRD), sold 7,470 shares on 2026-04-23. The weighted average sale price was $5.24 per share, for total proceeds of approximately $39,121. This was a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-04-23; Form 4 filed: 2026-04-27 (timely).
- Price: weighted average $5.24; shares sold in multiple transactions at prices ranging $5.2314–$5.2413 (per footnote).
- Reason/footnote: Sold automatically to satisfy tax withholding obligations arising from vesting and settlement of a restricted stock unit (RSU) award — non‑discretionary (Footnote F1).
- Footnote F2: Reporting person can provide breakdown of how many shares were sold at each price within the stated range.
- Shares owned after the transaction: not provided in the excerpt of the filing.
Context
- Because the sale was an automatic withholding to cover taxes on RSU vesting (rather than a discretionary open‑market sell for investment reasons), it is generally considered routine and less indicative of the insider’s view on the company’s prospects.