Last Andrew J. 4
4 · Insight Molecular Diagnostics Inc. · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
Insight Molecular (IMDX) Director Andrew J. Last Withholds 7,700 Shares
What Happened
Andrew J. Last, a director of Insight Molecular Diagnostics, reported a disposition on July 1, 2026 in which 7,700 shares were withheld by the issuer to satisfy tax withholding obligations. The shares were valued at $5.69 each for a total of $43,813. Per the filing footnote, this withholding covered taxes on the vesting of 35,000 restricted stock units (RSUs) granted July 1, 2025; the reporting person did not sell any shares in the open market.
Key Details
- Transaction date: 2026-07-01; per-share value used: $5.69; total value: $43,813.
- Nature of transaction: Shares withheld by the company for tax withholding on vested RSUs (transaction code F). Not an open-market sale.
- Underlying award: Withholding related to vesting of 35,000 RSUs granted July 1, 2025 (footnote).
- Shares owned after the transaction: Not specified in the provided filing data.
- Filing date: Form 4 filed 2026-07-06 (filed five days after the reported transaction). Form 4s are generally due within two business days of the transaction, so this filing appears later than the standard reporting window.
Context
A share withholding for taxes is routine when RSUs vest and does not indicate an active sale or a change in sentiment by the insider. For investors, purchases or open-market sales typically carry more informational weight; tax-withholding dispositions simply reflect tax obligations and reduce the net number of shares received on vesting.
Insider Transaction Report
- Tax Payment
Common Stock, no par value
[F1]2026-07-01$5.69/sh−7,700$43,813→ 58,752 total
Footnotes (1)
- [F1]The reported disposition reflects shares withheld by the Issuer to cover tax withholding obligations in connection with the vesting of 35,000 shares of restricted stock units granted to the reporting person on July 1, 2025. The reporting person did not sell any shares. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.