Patel Sushil 4
4 · Replimune Group, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Replimune CEO Sushil Patel Sells 37,324 Shares
What Happened
Sushil Patel, CEO of Replimune Group, sold 37,324 shares of Replimune common stock on May 18, 2026 for a total reported value of $189,606. The reported (weighted average) price was about $5.08 per share; individual trades ranged from $5.01 to $5.08. This was a sale and was executed to satisfy tax withholding on a partial vesting of restricted stock units (RSUs), not an opportunistic discretionary sale.
Key Details
- Transaction date: May 18, 2026 (filed on May 20, 2026) — filing appears timely (two days after the trade).
- Shares sold: 37,324; weighted-average price reported ≈ $5.08; trade prices ranged $5.01–$5.08.
- Total proceeds reported: $189,606.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: Sale was a mandatory "sell to cover" to satisfy tax withholding on RSU vesting (irrevocable per award agreement) and therefore was not a discretionary sale by the CEO. The filer can provide per-trade pricing on request.
Context
This was a routine tax-withholding sale tied to RSU vesting (common when shares vest). Such sell-to-cover transactions are generally administrative and less informative about the insider’s view of the company than voluntary open-market purchases.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-18$5.08/sh−37,324$189,606→ 747,492 total
Footnotes (2)
- [F1]Represents shares of the Issuer's common stock (the "Shares") sold to cover tax withholding obligations in connection with the partial vesting of the Reporting Person's Restricted Stock Units ("RSU"). The transaction reported herein was made in accordance with the irrevocable "sell to cover" provision set forth in the award agreements under which the RSUs were granted and does not represent a discretionary sale by the Reporting Person.
- [F2]The price reported reflects a weighted average price of the Shares. The Shares were sold in multiple transactions at prices ranging from $5.01 to $5.08 per Share. The Reporting Person will provide to the Issuer, any security holder of the Issuer or the Securities Exchange Commission staff, upon request, information regarding the number of Shares sold at each price within the range.