DENYES NANCY 4
Research Summary
AI-generated summary
aTYR (ATYR) GC Nancy Denyes Sells 1,118 Shares
What Happened Nancy Denyes, General Counsel of aTYR Pharma (ATYR), had 2,687 restricted stock units (RSUs) vest and convert into 2,687 common shares on Feb 3, 2026. A portion of those shares — 1,118 — were sold in an open-market transaction on Feb 4, 2026 at $0.98 per share, generating proceeds of $1,091. The RSU conversion is reported as a derivative conversion at $0.00 (no cash consideration).
Key Details
- Transaction dates/prices:
- Feb 3, 2026: RSUs vested and converted to 2,687 shares (conversion recorded at $0.00).
- Feb 4, 2026: Open-market sale of 1,118 shares at $0.98 each; total proceeds $1,091.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1–F2: Shares came from RSUs granted Feb 3, 2022, converting 1:1.
- F3: The sale was made to satisfy tax withholding on the partial vesting.
- F4: These RSUs vest in four equal annual installments beginning Feb 3, 2023 and fully vest Feb 3, 2026; they include accelerated vesting upon a change of control.
- Filing timeliness: Report covers period ending Feb 3, 2026 and was filed Feb 4, 2026 — appears timely (not marked late).
Context
- The derivative entry reflects RSU vesting/conversion (not an option-purchase for cash). The immediate sale of a portion of the newly vested shares to cover taxes is common and typically considered routine rather than an investment signal.
- The sale amount is small ($1,091) and driven by tax withholding, so it should not be interpreted by itself as a strong buy/sell signal from management.