SANSONE PHILIP 4
4 · MOBIX LABS, INC · Filed Jul 20, 2026
Research Summary
AI-generated summary of this filing
MOBIX LABS (MOBX) CEO Philip Sansone Sells 9,301 Shares
What Happened
Philip Sansone, CEO of MOBIX LABS, sold 9,301 shares on July 16, 2026. The reported weighted-average price was $1.87 per share (range $1.85–$1.875), for a total proceeds amount of approximately $17,364. This sale was a sell-to-cover to satisfy tax withholding on restricted stock units that vested the same day, not a discretionary liquidation.
Key Details
- Transaction date: 2026-07-16; Filing date (Form 4): 2026-07-20 (filed within required period).
- Transaction type/code: Sale (S) — open market/private sale reported.
- Shares sold: 9,301 at a weighted-average price of $1.87 (price range $1.85–$1.875). Total ≈ $17,364.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: F1 — shares sold solely to cover tax withholding for RSUs that vested; F2 — price range and offer to provide per-price share counts upon request.
- Not a 10b5-1 trade; sale described as tax-withholding (not a discretionary sale).
Context
Sell-to-cover transactions are common when restricted stock units vest and the recipient needs to satisfy tax withholding — they generally reflect tax obligations rather than a CEO expressing a view on the company's prospects. For retail investors, purchases by insiders can be more informative than routine sell-to-cover sales.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-07-16$1.87/sh−9,301$17,364→ 166,130 total
Footnotes (2)
- [F1]The reported shares were sold solely to cover the Reporting Person's tax liability associated with the restricted stock units that vested on July 16, 2026. These sales were made pursuant to an irrevocable election by the Reporting Person to satisfy tax withholding obligations through "sell to cover" transactions and do not represent discretionary trades by the Reporting Person.
- [F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction range from $1.85 to $1.875 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.