Shefferman Jesse 4
Accession 0001213900-26-006711
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 4:30 PM ET
Size
5.2 KB
Accession
0001213900-26-006711
Research Summary
AI-generated summary of this filing
Protara (TARA) CEO Jesse Shefferman Sells 16,322 Shares
What Happened
Jesse Shefferman, CEO, President and Director of Protara Therapeutics (TARA), had 16,322 shares withheld (disposed) to satisfy income tax obligations related to vested Restricted Stock Units (RSUs). The withholding was reported as a disposition at $5.60 per share, totaling $91,403, with the transaction dated January 20, 2026 and the Form 4 filed January 22, 2026.
Key Details
- Transaction type: Tax withholding to satisfy income tax on RSU vesting (Form 4 code F; footnote F1).
- Date of transaction: 2026-01-20; Filing date: 2026-01-22 (appears timely).
- Shares withheld/disposed: 16,322 shares at $5.60 per share; total value $91,403.
- Footnote: F1 states shares were withheld to satisfy income tax obligations associated with RSU awards granted Jan 19, 2023 and Jan 19, 2024.
- Shares owned after transaction: Not specified in this filing.
Context
This was a tax-withholding disposition tied to RSU vesting (a routine administrative event), not an open-market sale or purchase that necessarily signals trading intent. Tax withholdings are common when RSUs vest and do not, by themselves, indicate the insider’s view of the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-20$5.60/sh−16,322$91,403→ 1,030,564 total
Footnotes (1)
- [F1]Represents shares withheld by the Issuer to satisfy income tax obligations associated with the vesting of Restricted Stock Unit Awards granted to the Reporting Person on January 19, 2023 and January 19, 2024.
Signature
Documents
Issuer
Protara Therapeutics, Inc.
CIK 0001359931
Related Parties
1- filerCIK 0001799167
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 4:30 PM ET
- Size
- 5.2 KB