4Filed Sep 9, 8:00 PM ET
Metagenomi (MGX) General Counsel Matthew Wein Sells 358 Shares
$MGX · Metagenomi Therapeutics, Inc.Research Summary
AI-generated summary of this SEC filing
Metagenomi (MGX) General Counsel Matthew Wein Sells 358 Shares
What Happened
Matthew Wein, General Counsel, Compliance Officer and Corporate Secretary of Metagenomi Therapeutics, sold 358 shares of common stock on 2026-09-08 at $1.16 per share, bringing gross proceeds of about $415. This was a sale (disposition) and the filing shows the sale was an automatic tax-withholding transaction tied to RSU vesting rather than a voluntary market trade.
Key Details
- Transaction date and price: 2026-09-08, 358 shares at $1.16 each.
- Total proceeds reported: approximately $415.
- Shares owned after the transaction: not specified in the filing.
- Footnote: The shares were automatically sold to satisfy the reporting person’s tax withholding obligations upon vesting of restricted stock units granted April 1, 2024 and April 1, 2025; this was not a volitional trade (F1).
- Filing date: 2026-09-10; reported two days after the trade date (appears to be filed within the typical 2-business-day window).
Context
Automatic sell-to-cover transactions for tax withholding on RSU vesting are routine and do not necessarily signal insider sentiment about the company. Given the small dollar amount ($415), this transaction reflects withholding mechanics rather than a meaningful investment decision.