Farokhzad Omid 4

What Happened
Omid Farokhzad, Seer (SEER) CEO and Chair (also a director), sold 24,385 shares on 2026-02-18 at $1.99 per share for proceeds of $48,646. The filing notes the sale was to satisfy the reporting person's tax obligations in connection with the vesting of restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-02-18, sale at $1.99/share.
• Total proceeds: $48,646.
• Transaction type: reported as an open-market or private sale (Sale code S).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1: Shares were sold to cover tax obligations related to RSU vesting.
  • F2: Some reported shares are held of record by SAF-BND Trust (spouse is trustee); the reporting person disclaims beneficial ownership except for any pecuniary interest.
• Filing timeliness: Report filed 2026-02-19 for a 2026-02-18 transaction (filed the next day; not indicated as late).

Context
Sales to cover tax withholding on RSU vesting are common and generally routine; they do not necessarily indicate a change in the insider’s view of the company. This was a sale tied to compensation tax obligations rather than an independent open-market accumulation or divestiture for investment reasons.