Evans Daron 4
4 · Rezolute, Inc. · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
Rezolute (RZLT) CFO Daron Evans Sells 3,062 Shares
What Happened
Daron Evans, Chief Financial Officer of Rezolute, disposed of 3,062 shares on July 2, 2026 at $4.99 per share, generating proceeds of $15,279. This disposition was a sell-to-cover tied to the vesting and settlement of Restricted Stock Units (RSUs) and was used to satisfy tax withholding obligations rather than a discretionary open-market sale.
Key Details
- Transaction date and price: July 2, 2026 — 3,062 shares at $4.99 each. Total value ≈ $15,279.
- Transaction code/reason: F — tax withholding (sell-to-cover) related to RSU vesting (Footnote F1).
- Shares owned after transaction: not specified in the provided excerpt.
- Footnote on entity: PoC Capital, LLC is managed by the reporting person; he disclaims beneficial ownership except to the extent of pecuniary interest (Footnote F2).
- Filing timing: Form filed July 7, 2026 for a July 2 transaction — this is more than two business days after the transaction and may represent a late filing.
Context
Sell-to-cover transactions are routine administrative actions to satisfy tax obligations when RSUs vest and do not necessarily indicate the insider's view on the company. The dollar amount here is modest ($15k), so this filing is more about tax mechanics than a material insider market signal.
Insider Transaction Report
- Tax Payment
Common Shares
[F1]2026-07-02$4.99/sh−3,062$15,279→ 411,400 total
- 7,000(indirect: By Children)
Common Shares
- 7,000(indirect: By Children)
Common Shares
- 40,000(indirect: By LLC)
Common Shares
[F2] - 20,000(indirect: By Spouse)
Common Shares
- 23,000(indirect: By Children)
Common Shares
Footnotes (2)
- [F1]The disposition reported on this Form 4 represents shares disposed of by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs"). The disposition is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F2]PoC Capital, LLC is a California limited liability company managed by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.