Savage William Jacob 4
4 · Disc Medicine, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Disc Medicine (IRON) CMO William Savage Sells Shares
What Happened William Jacob Savage, Chief Medical Officer of Disc Medicine (IRON), sold 3,256 shares on February 17, 2026 at $62.86 per share for a reported total of $204,672. The filing reports this as a sale (transaction code S) and the reported footnote states the sale was to cover tax withholding related to vested restricted stock units.
Key Details
- Transaction date and price: 2026-02-17 at $62.86 per share.
- Shares sold / value: 3,256 shares for $204,672 (reported).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — this was a "sell to cover" to satisfy tax withholding on vested RSUs and "does not represent a discretionary transaction" by the reporting person.
- Filing: Form 4 filed with the SEC on 2026-02-17 (same day as the transaction), indicating timely reporting.
Context A sell-to-cover is a common administrative transaction when restricted stock units vest and taxes are due; it generally reflects tax withholding rather than a voluntary market-timing sale. Such transactions are typically less informative about an insider’s view of the company than open-market purchases.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-17$62.86/sh−3,256$204,672→ 92,589 total
Footnotes (1)
- [F1]This transaction represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of certain restricted stock units previously reported in Table I. This sale is a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.