Sinha Vikas 4
Research Summary
AI-generated summary
Scholar Rock (SRRK) CFO Vikas Sinha Sells Shares
What Happened
Vikas Sinha, Chief Financial Officer of Scholar Rock Holding Corp (SRRK), sold 10,410 shares on April 16, 2026 at $49.57 per share for proceeds of $516,071. The sale was a broker-assisted "sell to cover" required to satisfy tax withholding on RSUs that vested April 15, 2026 and was not a discretionary trade by the reporting person.
Key Details
- Transaction date & price: 2026-04-16; 10,410 shares sold @ $49.57 each; total ≈ $516,071. (Reported filed 2026-04-20; Accession 0001104659-26-045582.)
- Shares/holdings following transaction: 47,835 shares of common stock beneficially owned, plus 122,021 time‑based RSUs and 450,000 performance- & time‑based RSUs (per footnote).
- Footnote: Sale was to cover tax withholding on RSUs that vested 4/15/2026; RSUs were granted 4/27/2025 and vest annually over four years. The issuer required a "sell to cover" through a designated brokerage — not a discretionary sale.
- Transaction code: S (Sale). No indication in the filing that this was pursuant to a 10b5-1 plan.
Context
"Sell to cover" transactions are routine for executives when equity awards vest and taxes are due; they do not necessarily reflect a change in insider sentiment. The filing documents the mechanics of tax withholding rather than an independent decision to liquidate additional holdings.