Jackson Benjamin 4
Research Summary
AI-generated summary
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.