Lindgardt Zhenya 4
4 · SERA PROGNOSTICS, INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
SERA CEO Lindgardt Zhenya Sells Shares
What Happened
SERA CEO Lindgardt Zhenya sold a total of 25,612 shares in two open-market transactions to cover tax withholding tied to vested restricted stock units (RSUs). On 2026-03-10 they disposed of 22,639 shares at a weighted-average price of $1.90 (proceeds ~$43,014), and on 2026-03-11 they disposed of 2,973 shares at a weighted-average price of $2.04 (proceeds ~$6,065). These were sales (not purchases) and were reported as sell-to-cover transactions required to satisfy tax obligations, not discretionary sales.
Key Details
- Transaction dates and prices: 2026-03-10 — 22,639 shares @ $1.90 (weighted avg); 2026-03-11 — 2,973 shares @ $2.04 (weighted avg). Total proceeds ≈ $49,079.
- Shares owned after transaction: Not specified in the provided report.
- Footnotes of note:
- F1: Sales were mandated sell-to-cover to satisfy RSU tax withholding (not discretionary).
- F2/F3: Reported prices are weighted averages from block trades; ranges provided in the filing: $1.77–$2.36 and $1.90–$2.30. The filer can supply a breakdown of the number of shares sold at each price on request.
- Filing: Form 4 filed 2026-03-12 covering transactions on 2026-03-10 and 2026-03-11; this filing appears to be timely.
Context
Sell-to-cover transactions are routine when restricted stock vests and do not necessarily indicate the insider's view on the company. Because these sales were performed to meet tax withholding requirements (per F1), they should be seen as administrative rather than a directional bet on SERA stock.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-10$1.90/sh−22,639$43,014→ 741,287 total - Sale
Class A Common Stock
[F1][F3]2026-03-11$2.04/sh−2,973$6,065→ 738,314 total
Footnotes (3)
- [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 $1.77 to $2.36, 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.
- [F3]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 $1.90 to $2.30, 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.