Plavsic Mark 4
Research Summary
AI-generated summary
Aura Biosciences CTO Mark Plavsic Sells 15,890 Shares
What Happened
Mark Plavsic, Chief Technology Officer of Aura Biosciences (AURA), reported an automatic sale of 15,890 shares on February 17, 2026. The shares were disposed for a total of approximately $80,245 at a weighted average price of $5.05 per share (sales ranged from $5.04 to $5.24). This was a sale to satisfy tax withholding obligations related to the vesting of restricted stock units, not an elective open‑market trade.
Key Details
- Transaction date: 2026-02-17
- Transaction type/code: Sale (S); automatic sale to cover tax withholding on RSU vesting (Footnote F1)
- Shares sold: 15,890; Weighted average price: $5.05; Total proceeds: ~$80,245
- Reported price range: $5.04 to $5.24 across multiple trades (Footnote F2)
- Shares owned after transaction: Not disclosed in this Form 4
- Filing timeliness: Reported on the same date (no late filing indicated)
Context
Withholding sales tied to RSU vesting are routine and used to cover tax obligations; they generally do not signal the insider’s view on the company’s prospects. Purchases are typically more informative about insider confidence. Footnote F2 states the filer can provide per-trade breakdowns on request if investors or the SEC need the exact number of shares sold at each price.