Brust Bernd 4
Research Summary
AI-generated summary
Maravai (MRVI) CEO Bernd Brust Withholds 29,250 Shares for Taxes
What Happened
- Bernd Brust, CEO of Maravai Lifesciences (MRVI), had 29,250 shares disposed on 2026-07-08 as a tax-withholding transaction tied to vested restricted stock units. The shares were valued at $5.92 each, for a total of $173,160. This was a withholding for tax obligations (not an open-market sale).
Key Details
- Transaction date: 2026-07-08; Filing date: 2026-07-10 (filed within the typical 2-business-day Form 4 window).
- Price per share: $5.92; Shares withheld/disposed: 29,250; Total value: $173,160.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock unit awards.
- Transaction type: F (payment of exercise price or tax liability) — routine tax withholding, not a discretionary sale.
Context
- These withholding transactions are common when restricted stock units vest and do not necessarily indicate a change in the insider’s view of the company. They are different from voluntary sales (which can signal liquidity decisions) or purchases (which can be interpreted more bullishly).