Roivant Director James Momtazee Net Sells 2,905 Shares for Taxes
$ROIV · Roivant Sciences Ltd.Research Summary
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Roivant Director James Momtazee Net Sells 2,905 Shares for Taxes
What Happened James C. Momtazee, a director of Roivant Sciences Ltd. (ROIV), had 2,905 common shares net‑settled by the company to satisfy tax withholding related to previously granted director compensation. The shares were valued at $40.94 each, for a total disposal value of approximately $118,931. This was a tax‑withholding/net‑settlement transaction (code F), not an open‑market sale.
Key Details
- Transaction date: 2026-09-10; Price per share: $40.94; Shares: 2,905; Total value ≈ $118,931.
- Transaction type/code: F — net settlement to satisfy tax withholding (not a purchase or discretionary open‑market sale).
- Footnote: F1 — shares were net‑settled under the Issuer's Non‑Employee Director Compensation Plan to satisfy applicable tax withholding on vesting/settlement.
- Shares owned after transaction: not specified in this Form 4 filing.
- Filing date: 2026-09-14. The Form 4 appears to have been filed within the standard SEC filing window (timely).
Context Net settlements like this are common when equity awards vest: the company retains or issues fewer shares to cover taxes rather than the insider selling shares on the open market. Such transactions are routine administrative actions and do not necessarily indicate a change in the insider’s view of the company.