4Filed Jul 29, 8:00 PM ET
Relay Therapeutics (RLAY) Chief Corporate Development Officer Peter Rahmer Sells Shares
$RLAY · Relay Therapeutics, Inc.Research Summary
AI-generated summary of this SEC filing
Relay Therapeutics (RLAY) Chief Corporate Development Officer Peter Rahmer Sells Shares
What Happened
Peter Rahmer, Chief Corporate Development Officer of Relay Therapeutics (RLAY), sold 748 shares in an open-market transaction on July 28, 2026 at $18.61 per share, generating proceeds of about $13,920. The sale was executed to satisfy income tax withholding obligations tied to the vesting of RSUs.
Key Details
- Transaction date: July 28, 2026; filing date: July 30, 2026 (Form 4 accession 0001193125-26-326142). Filing appears timely.
- Sale details: 748 shares sold at $18.61 per share for total proceeds reported as $13,920. (Transaction code S = Sale.)
- Reason: Footnote states the sale was to cover tax withholding upon vesting of 3,051 RSUs on July 27, 2026; the reporting person had no discretion over the sale and it complied with the issuer’s RSU-vesting policies. (Tax-withholding transaction.)
- Holdings note: Filing indicates beneficial ownership includes 6,102 shares underlying RSUs.
- Role: Reporting person is the Chief Corporate Development Officer.
Context
This was a routine, non-discretionary sale to satisfy tax withholding tied to RSU vesting, not an open-market investment decision. Such withholding sales are common and generally not considered a strong signal of insider sentiment about the company’s prospects.