Jackson Benjamin 4
4 · SERA PROGNOSTICS, INC. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Sera Prognostics (SERA) General Counsel Jackson Benjamin Sells Shares
What Happened Jackson Benjamin, General Counsel of Sera Prognostics, reported a sale of 3,119 shares on 2026-03-09. The shares were disposed for a weighted-average price of $1.96 per share, generating approximately $6,113 in proceeds. The filing identifies the transaction as an open market or private sale (code S) and the sale was to satisfy tax-withholding on vested restricted stock units (RSUs), not a discretionary investment decision.
Key Details
- Transaction date: 2026-03-09; Form 4 filed 2026-03-10 (timely).
- Shares sold: 3,119; weighted-average price: $1.96; total proceeds ≈ $6,113.
- Price range for the block trade: $1.87 to $2.03 (footnote F2). Reporting person can provide per-price breakdown on request.
- Reason: Sell-to-cover to satisfy RSU tax-withholding per issuer policy (footnote F1).
- Shares owned after transaction: not specified in the provided Form 4 excerpt.
- Transaction code: S (sale); footnote F1 corresponds to tax withholding (code F).
Context Sell-to-cover transactions are routine when RSUs vest and are typically used solely to cover taxes; they do not necessarily signal the insider’s view of the company. This was a small, mandated sale (roughly $6.1k), not an open-ended divestment.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-09$1.96/sh−3,119$6,113→ 115,747 total
Footnotes (2)
- [F1]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by "sell to cover" transactions and does not represent a discretionary transaction by the Reporting Person.
- [F2]The price reported is a weighted average price. These shares were sold as part of a block trade in multiple transactions at prices ranging from $1.87 to $2.03, inclusive. The Reporting Person will provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price with regard to the block trade.