Khara Rahul 4
Research Summary
AI-generated summary
Disc Medicine (IRON) CLO Khara Rahul Sells Shares
What Happened
- Khara Rahul, Chief Legal Officer of Disc Medicine (IRON), sold 2,853 shares on 2026-02-17 at $62.86 per share, for a total reported value of $179,340. The transaction is reported as a sale (S) and was executed to cover tax withholding obligations related to the vesting of previously granted restricted stock units.
Key Details
- Transaction date and price: 2026-02-17 — 2,853 shares at $62.86 each.
- Total value reported: $179,340.
- Shares owned after transaction: not disclosed in the provided summary filing.
- Footnote: F1 — this was a "sell-to-cover" to satisfy tax withholding on vested RSUs and was not a discretionary sale by the reporting person.
- Filing timeliness: Reported on 2026-02-17 (same-day/within reporting period), indicating a timely Form 4.
Context
- Sell-to-cover transactions are common when restricted stock units vest; shares are sold solely to pay required taxes and do not necessarily indicate the insider’s view on the company’s prospects. This was not an option exercise or a planned trading program (no 10b5-1 noted).