4Filed Jun 25, 8:00 PM ET
Definium (DFTX) CMO Daniel Karlin Sells 10,035 Shares
$DFTX · Definium Therapeutics, Inc.Research Summary
AI-generated summary of this SEC filing
Definium (DFTX) CMO Daniel Karlin Sells 10,035 Shares
What Happened
Daniel Karlin, Chief Medical Officer of Definium Therapeutics (DFTX), sold 10,035 common shares on 2026-06-25 at $45.03 per share, totaling $451,876. The sale was executed to satisfy withholding tax obligations related to the settlement of vested restricted stock units (RSUs).
Key Details
- Transaction date: 2026-06-25; filing date: 2026-06-26 (file appears timely).
- Transaction type/code: Sale (S); 10,035 shares sold at $45.03 each, total proceeds ≈ $451,876.
- Footnote: Sale represents shares sold to satisfy tax withholding on vested RSUs pursuant to sell-to-cover elections under a Rule 10b5-1 plan adopted June 14, 2022 (Footnote F1).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- No indication in the excerpt that this is a late (L) filing or that the insider is a 10% owner.
Context
Sell-to-cover transactions tied to RSU vesting are routine tax-withholding actions and are often executed under pre-established 10b5-1 plans; they generally do not signal a change in an insider’s view of the company. Purchases typically carry more weight as positive insider signals; this filing documents a standard tax-related sale.