Nishar Dipchand 4
Research Summary
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Seer (SEER) Director Nishar Dipchand Sells 10,660 Shares
What Happened Nishar Dipchand, a director of Seer, Inc. (SEER), disposed of 10,660 shares on July 8, 2026 in an open‑market sale. The shares were sold at a weighted average price of $2.18 per share (range $2.17–$2.22), for total proceeds of approximately $23,265. This transaction was a sale (disposition) and was executed under a pre‑arranged trading plan.
Key Details
- Transaction date: July 8, 2026; Form 4 filed July 10, 2026 (timely filing).
- Shares sold: 10,660; weighted average price: $2.18; price range: $2.17–$2.22.
- Reported value: ~ $23,265.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: (1) Sale was effected pursuant to a Rule 10b5‑1 trading plan adopted August 8, 2025 to cover tax obligations upon vesting/settlement of restricted stock units (RSUs). (2) The reported price is a weighted average; multiple transactions occurred and the filer will provide per‑trade prices on request.
Context Sales made under Rule 10b5‑1 plans are commonly used to satisfy tax withholding or liquidity needs tied to equity awards and are generally considered routine. The filing does not indicate any additional derivative activity or 10% owner status; it simply reports the open‑market sale executed under the plan.