Replimune (REPL) CEO Sushil Patel Sells 39,341 Shares

What Happened
Sushil Patel, CEO of Replimune Group, sold 39,341 shares of the company's common stock at $12.97 per share for a total of $510,253. According to the filing footnote, the sale was a sell-to-cover to satisfy tax withholding obligations related to the vesting of performance-based restricted stock units (PSUs) and was not a discretionary sale.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12 (appears timely).
• Sale: 39,341 shares at $12.97 each; proceeds $510,253.
• Reason: Sell-to-cover for tax withholding on vested PSUs (footnote F1).
• Transaction type reported as a sale (S); footnote clarifies it was to cover taxes, not a market-driven disposal.
• Shares owned after transaction: not disclosed in the provided excerpt.

Context
Sell-to-cover transactions are common when equity awards vest and typically reflect tax obligations rather than a CEO choosing to reduce exposure. This filing documents the mechanics of covering withholding taxes and, per the filer, should not be read as a discretionary indication of the CEO's view on the company.