Bjorkquist Jeanette M 4
4 · ASSEMBLY BIOSCIENCES, INC. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Assembly Biosciences (ASMB) PFO/PAO Jeanette Bjorkquist Sells 29 Shares
What Happened Jeanette Bjorkquist, PFO and PAO of Assembly Biosciences (ASMB), reported a sale of 29 shares on 2026-06-17 at $23.25 per share, totaling approximately $674. This was a sale (not a purchase) executed to satisfy tax withholding related to the vesting and settlement of restricted stock units and was not a discretionary trade.
Key Details
- Transaction date and price: 2026-06-17 — 29 shares sold at $23.25 each.
- Total proceeds: ~ $674.
- Shares owned after transaction: Not specified in the provided filing data.
- Footnote: The sale was a mandatory "sell-to-cover" to satisfy tax withholding on vested RSUs per an administrative rule of the Compensation Committee (not a discretionary sale).
- Filing timing: Form filed 2026-06-18 covering the 2026-06-17 transaction — appears timely.
Context Sell-to-cover transactions are common when restricted stock units vest and are generally administrative in nature to meet tax obligations; they do not necessarily reflect the insider's view of the company. For retail investors, routine tax-withholding sales like this are less informative than open-market purchases or large discretionary sales.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-17$23.25/sh−29$674→ 14,560 total
Footnotes (1)
- [F1]The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sale is mandated by an administrative rule adopted by the Compensation Committee of the Issuer's Board of Directors that requires the satisfaction of tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary transaction by the reporting person.