Lew Jennifer 4
4 · Annexon, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Annexon (ANNX) CFO Jennifer Lew Sells 7,851 Shares
What Happened
Jennifer Lew, Chief Financial Officer of Annexon, sold 7,851 shares in an open-market transaction on February 18, 2026. The weighted average sale price was $5.11 per share (range $4.925–$5.17), producing gross proceeds of approximately $40,119. This was a sale to cover tax withholding obligations tied to the vesting of restricted stock units (RSUs), a routine post-vesting disposition.
Key Details
- Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20) — appears timely (within the typical 2-business-day window).
- Shares sold/disposed: 7,851; weighted average price: $5.11; price range: $4.925–$5.17.
- Total proceeds: ~$40,119.
- Reason: Sale to cover tax withholding on RSU vesting (footnote F1).
- Multiple trades: Executed in multiple trades; reporting person will provide per-trade quantities/prices on request (footnote F2).
- Shares owned after transaction: Not specified in the provided summary of the filing.
Context
This was a routine tax-withholding sale following RSU vesting, which is common and not a clear market sentiment signal. Purchases generally carry more informational weight for bullish insider views; routine sales to cover taxes are standard administrative transactions.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-18$5.11/sh−7,851$40,119→ 113,765 total
Footnotes (2)
- [F1]The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
- [F2]This transaction was executed in multiple trades in prices ranging from $4.925 to $5.17, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.