Zummo Jacqueline 4
Research Summary
AI-generated summary
Protara (TARA) Jacqueline Zummo Withholds 3,724 Shares for Taxes
What Happened
- Jacqueline Zummo, Chief Scientific Operations Officer of Protara Therapeutics (TARA), had 3,724 shares withheld by the company to satisfy income tax obligations tied to the vesting of a previously granted Restricted Stock Unit (RSU) award. The withholding was reported at $6.67 per share, for a total value of $24,839. This was a tax-withholding event (transaction code F), not an open-market sale.
Key Details
- Transaction date: January 26, 2026; Filing date: January 27, 2026 (Form 4 accession 0001213900-26-008223).
- Shares withheld: 3,724 at $6.67 per share; total value reported: $24,839.
- Footnote: Withholding represents shares retained by the issuer to satisfy income tax obligations from the vesting of an RSU award granted on January 24, 2025 (see F1).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Timeliness: Filed the day after the transaction, suggesting a timely Form 4 submission.
Context
- This was a routine tax-withholding related to RSU vesting (a common administrative action). It is not an open-market sale or a purchase and generally should not be interpreted as a directional signal about the insider’s view of the stock.