4Filed Jul 15, 8:00 PM ET
Phathom (PHAT) Principal Accounting Officer Breedlove Surrenders 1,555 Shares
$PHAT · Phathom Pharmaceuticals, Inc.Research Summary
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Phathom (PHAT) Principal Accounting Officer Breedlove Surrenders 1,555 Shares
What Happened
- Robert Charles Breedlove, Phathom's Principal Accounting Officer, surrendered 1,555 shares (underlying restricted stock units) to the company to satisfy tax withholding. The filing reports these shares as disposed at $11.04 each, for a total of $17,159. This was a tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date and filing: transaction on 2026-07-14; Form 4 filed 2026-07-16.
- Price and value: 1,555 shares at $11.04 per share = $17,159 (code F: payment of exercise price or tax liability).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 states the shares surrendered were underlying restricted stock units surrendered to satisfy the issuer’s tax withholding obligation.
- Filing timeliness: filed two days after the transaction; no late filing indicator noted in the provided data.
Context
- This was a routine tax-withholding surrender of RSUs (common when awards vest). It is not an open-market sale and does not necessarily signal insider sentiment about the company’s shares.