SANSONE PHILIP 4

What Happened
Philip Sansone, CEO of MOBIX LABS, sold 87,025 shares on 2026-02-02 in an open-market/private sale (reported as code S). The weighted average sale price was $0.19 per share (range $0.1854–$0.1903), producing aggregate proceeds of approximately $16,361. According to the filing, the shares were sold solely to satisfy tax withholding on restricted stock units that vested January 31, 2026, under an irrevocable sell-to-cover election and were not discretionary trades.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (appears timely).
• Shares sold: 87,025; weighted avg price: $0.19; price range: $0.1854–$0.1903.
• Proceeds: ~$16,361.
• Reported reason: Tax withholding for RSUs vested 2026-01-31 (sell-to-cover; not discretionary) — footnote F1.
• Footnote F2: weighted-average reported; issuer/SEC can request per-price breakdown of shares sold at each separate price.
• Shares owned after the transaction: not specified in the provided filing.

Context
Sell-to-cover transactions are routine when restricted stock units vest and are generally used only to satisfy tax withholding obligations; they do not necessarily indicate the insider’s view of the company. Purchases by insiders tend to be more informative about confidence in the company than routine withholding sales.