STEFANOVICH ROBERT 4
Research Summary
AI-generated summary
Cryoport (CYRX) CFO Robert Stefanovich Sells 1,094 Shares
What Happened
Robert Stefanovich, Chief Financial Officer of Cryoport (CYRX), sold 1,094 shares in an open-market/private sale on March 23, 2026. The shares were sold at $8.18 each for a total of approximately $8,949. This sale was made to satisfy tax withholding obligations related to the vesting of restricted stock rights, per the filing.
Key Details
- Transaction date: 2026-03-23; Filing date: 2026-03-25 (filed within two business days).
- Transaction type: Sale (code S) — open market or private sale.
- Price and value: 1,094 shares × $8.18 = ~$8,949.
- Footnote: F1 — Shares were required to be sold under issuer policy to pay taxes due upon the vesting of restricted stock rights (tax withholding).
- Shares owned after transaction: Not specified in the provided filing.
- No 10b5-1 plan or other trading plan was indicated in the provided details.
Context
Tax-withholding sales following RSU vesting are common and typically routine administrative transactions to cover tax obligations; they do not necessarily signal a change in insider sentiment. This Form 4 reports the required sale and appears to have been filed in a timely manner.