4Accepted Sep 29, 9:15 PM ET
Definium (DFTX) CMO Daniel Karlin Sells 10,853 Shares
Accepted (ET)
9:15 PM
Sep 29, 2026
Filed
Sep 29, 2026
Documents
1
Size
5.9 KB
Summary
Definium (DFTX) CMO Daniel Karlin Sells 10,853 Shares
What Happened
Daniel Karlin, Chief Medical Officer and a member of the board of Definium Therapeutics (DFTX), disposed of 10,853 common shares on September 25, 2026. The shares were sold at a weighted average price of $36.57 per share, for total proceeds of approximately $396,894. This transaction was a sale (routine sell-to-cover) to satisfy tax-withholding obligations related to the settlement of vested restricted stock units.
Key Details
- Transaction date: September 25, 2026; Form 4 filed September 29, 2026 (timely filing).
- Transaction type: Sale (S) — 10,853 shares sold.
- Reported price: Weighted average $36.57; per-footnote range $36.24–$36.98 across multiple trades.
- Total value reported: ~$396,894.
- Shares owned after the transaction: Not disclosed in this Form 4.
- Footnotes:
- F1 — Shares sold to satisfy withholding tax on vested RSUs pursuant to sell-to-cover elections under a Rule 10b5-1 plan adopted June 15, 2022.
- F2 — The $36.57 is a weighted average; the filer can provide the number of shares sold at each price within the $36.24–$36.98 range upon request.
Context
Sell-to-cover transactions are common when RSUs vest and taxes are withheld; they are typically administrative and do not necessarily signal the insider’s view on the company’s prospects. The sale was executed under a pre-established Rule 10b5-1 plan, which often specifies timing and amounts for such transactions.