Cox John 4
4 · Dyne Therapeutics, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Dyne Therapeutics (DYN) CEO John Cox Sells 2,732 Shares
What Happened
John Cox, CEO, President and a director of Dyne Therapeutics (DYN), disposed of 2,732 shares in an open-market sale on March 5, 2026 at $14.90 per share, for total proceeds of $40,707. According to the filing, the sale was an automatic transaction to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs) and was not a discretionary trade.
Key Details
- Transaction date and price: 2026-03-05 — 2,732 shares @ $14.90 each. Total value: $40,707.
- Filing/Report dates: Period of Report 2026-03-05; Form 4 filed 2026-03-06.
- Transaction code: Sale (S); sale executed to satisfy tax withholding as described in footnote (see below).
- Shares owned after transaction: Not specified in the provided data. Filing notes include 279,895 unvested RSUs (F2).
- Footnotes: F1 — sale was automatic to satisfy tax withholding on RSU vesting (RSU grant dated Dec 4, 2024) and is provided for in the RSU agreement as a binding contract consistent with the affirmative defense under Rule 10b5-1; F3 — some shares are held in a trust for the benefit of a child.
- Timeliness: No late filing indicator shown in the provided data.
Context
The sale was executed to cover tax obligations from RSU vesting (a common, non-discretionary mechanism) and is disclosed as such in the filing. Such withholding sales are routine and generally viewed differently from voluntary insider sell decisions; they do not, by themselves, imply a change in the insider’s view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-05$14.90/sh−2,732$40,707→ 374,145 total
- 18,000(indirect: By Trust)
Common Stock
[F3] - 18,000(indirect: By Trust)
Common Stock
[F3] - 18,000(indirect: By Trust)
Common Stock
[F3] - 18,000(indirect: By Trust)
Common Stock
[F3]
Footnotes (3)
- [F1]Represents shares automatically sold by the Reporting Person to satisfy tax withholding obligations in connection with the vesting of restricted stock units granted to the Reporting Person on December 4, 2024. The automatic sale of the Reporting Person's shares is provided for in a restricted stock unit agreement constituting a "binding contract" consistent with the affirmative defense to liability under Rule 10b5-1 and the sale does not represent a discretionary trade by the Reporting Person.
- [F2]Includes 279,895 unvested RSUs.
- [F3]These shares are held in a trust for the benefit of a child of the Reporting Person.