Mobix Labs: CEO Philip Sansone sold 2,614 shares

What happened Philip Sansone, CEO, sold 2,614 shares on Oct 8, 2026, at a weighted average price of $1.12 per share, for total proceeds of $2,934. The Form 4 lists the transaction as an open market or private sale (code S).

Key details

• Transaction date and price: Oct 8, 2026; weighted average price $1.12 per share; reported price range $1.1202 to $1.125 per share (footnote).
• Shares sold: 2,614; total proceeds: $2,934.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 states the shares were sold solely to cover the reporting person's tax liability associated with restricted stock units that vested on Oct 1, 2026, pursuant to an irrevocable sell-to-cover election and do not represent discretionary trades; F2 notes the $1.12 is a weighted average and that the reporting person can provide details on the number of shares sold at each separate price.
• Filed on Oct 13, 2026; the filing does not indicate whether it was late.

Why it may matter The filing says the sale was to satisfy tax withholding on vested restricted stock units (sell-to-cover). A filing does not show why the insider traded or why the company acted.