Lo Steven 4

What Happened
Steven Lo, President, CEO and Director of Vaxart, had 22,425 shares (priced at $0.63 each) withheld by the company on March 18, 2026 to satisfy income tax withholding related to the net settlement of vested RSUs. The withholding reduced his net share delivery and resulted in proceeds/consideration of approximately $14,231. This action is a tax-withholding disposition, not an open-market sale.

Key Details

• Transaction date: 2026-03-18; Report filed: 2026-03-20 (filed within the required 2-business-day window).
• Transaction type/code: Tax withholding for income taxes on RSUs (disposition code F).
• Shares withheld: 22,425 at $0.63 per share; total value ≈ $14,231.
• Shares owned after transaction: Not reported in the provided filing excerpt.
• Footnote: Issuer withheld shares to satisfy its income tax withholding and remittance obligations in connection with RSUs that vested on March 18, 2026.

Context
This was a routine tax-withholding event tied to the vesting of restricted stock units (RSUs). Shares withheld for taxes are common and do not indicate an insider selling shares on the open market; purchases or open-market sales by insiders are generally more informative about sentiment.