Loeillot Olivier 4
Research Summary
AI-generated summary
Repligen (RGEN) CEO Olivier Loeillot Sells Shares (Tax Withholding)
What Happened
- Olivier Loeillot, CEO of Repligen Corp (RGEN), had a total of 1,954 shares disposed via issuer withholding to cover tax obligations arising on the release of restricted stock units (RSUs). On 2026-02-27, 344 shares were withheld at $128.73 each for $44,283. On 2026-03-02, 1,610 shares were withheld at $124.97 each for $201,202. These were tax-withholding dispositions (code F), not open-market sales.
Key Details
- Transaction dates and prices:
- 2026-02-27: 344 shares @ $128.73 = $44,283
- 2026-03-02: 1,610 shares @ $124.97 = $201,202
- Total shares withheld: 1,954; total value: $245,485.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: F1 — shares were withheld by the issuer to satisfy the reporting person's tax withholding obligations upon RSU release.
- Filing date / accession: Form filed 2026-03-03 (Accession 0001193125-26-087595). No late-filing flag was indicated in the provided data.
Context
- Withholding to cover taxes on vested RSUs is a routine administrative disposition and should not be read the same way as an open-market sale. This is a common method companies use to satisfy payroll/tax obligations when awards vest.