Lo Steven 4
4 · Vaxart, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Vaxart (VXRT) CEO Steven Lo Surrenders 126,028 Shares for Taxes
What Happened
Steven Lo, President, CEO and a director of Vaxart, had 126,028 shares withheld by the company on March 24, 2026 to satisfy income tax withholding related to vested restricted stock units (RSUs). The withheld shares are reported at $0.69 per share, totaling $87,463. This was a tax-withholding/net settlement transaction (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-24; Form 4 filed: 2026-03-26 (filed timely).
- Shares withheld/disposed: 126,028 at $0.69 per share; total value shown: $87,463.
- Transaction code: F — shares withheld to satisfy tax withholding on net-settled RSUs.
- Footnote: Issuer withheld shares to meet its income tax withholding and remittance obligations for RSUs vested as of March 24, 2026.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This is a routine internal tax-withholding action tied to vested RSUs (a net settlement), not an open-market sale. Such withholdings are common when companies settle equity awards and generally do not signal insider buying or selling intent.
Insider Transaction Report
Form 4
Vaxart, Inc.VXRT
Lo Steven
DirectorPresident, Chief Exec Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-03-24$0.69/sh−126,028$87,463→ 2,485,606 total
Holdings
- 100,000(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Represents shares that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of RSUs vested as of March 24, 2026.
Signature
/s/ Edward Berg, Attorney-in-Fact|2026-03-26