Yu Jonathan Yen-Wen 4
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Disc Medicine COO Yu Jonathan Yen-Wen Sells 3,231 Shares
What Happened Yu Jonathan Yen-Wen, Chief Operating Officer of Disc Medicine (IRON), sold 3,231 shares on 2026-02-17 at $62.86 per share, generating proceeds of $203,101. The filing identifies the sale as a "sell to cover" tied to tax withholding obligations from the vesting of previously reported restricted stock units (RSUs), so this was not a discretionary sale.
Key Details
- Transaction date: 2026-02-17
- Price per share: $62.86; Shares sold: 3,231; Total proceeds: $203,101
- Transaction type/code: Sale (S) — reported as an open market or private sale; footnote F1 specifies it was a sell-to-cover for tax withholding
- Shares owned after transaction: Not specified in this filing
- Filing date / Timeliness: Report filed 2026-02-17 for a report period of 2026-02-17 (timely)
Context A "sell-to-cover" occurs when an insider sells a portion of newly vested RSU shares to cover required tax withholdings; it is a routine administrative action and not necessarily a signal about the executive's view of the company. The filing is factual and does not indicate discretionary selling beyond meeting tax obligations.