Savara (SVRA) CCO Braden C. Parker Withholds 29,323 Shares
$SVRA · Savara IncResearch Summary
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Savara (SVRA) CCO Braden C. Parker Withholds 29,323 Shares
What Happened Braden C. Parker, Chief Commercial Officer of Savara, had 29,323 shares withheld by the company on 2026-09-24 to satisfy tax liability tied to vesting restricted stock units. The withholding was recorded at $5.07 per share, representing approximately $148,668 in value. This was a tax-withholding/net-share settlement (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-09-24; filing date: 2026-09-25 (timely).
- Shares withheld/disposed: 29,323 at $5.07 per share; total value ≈ $148,668.
- Transaction code: F (tax withholding/net share settlement).
- Footnote: F1 — shares were withheld by the issuer to satisfy tax liability from vesting of previously awarded restricted stock units.
- Shares owned after transaction: not specified in the provided filing.
Context This was a routine tax-withholding event following RSU vesting (a net share settlement), which reduces reported shares held but does not reflect an open-market sale or a discretionary decision to liquidate. Such transactions are common for covering withholding obligations and do not necessarily indicate insider sentiment about the company.