Erbez Georgia 4

What Happened
Georgia Erbez, Codexis’s Chief Financial Officer and Chief Business Officer, sold 3,826 shares of CDXS on February 6, 2026 at $1.31 per share for total proceeds of $5,001. The filing indicates the sale was made solely to satisfy tax or other government withholding obligations related to the vesting of Restricted Stock Units (RSUs).

Key Details

• Transaction date and price: 2026-02-06 — sale of 3,826 shares at $1.31 per share (proceeds $5,001).
• Transaction type: Sale (code S); sale executed to cover tax withholding on vested RSUs (Footnote F1).
• Holdings after transaction: Filing notes holdings include 24,374 restricted stock units (Footnote F2).
• Filing date: Form 4 filed 2026-02-09; timing appears routine and not marked late.

Context
This was a routine, tax-withholding sale tied to RSU vesting rather than a discretionary market sell—such transactions are common when companies or insiders sell shares to cover tax obligations. For retail investors, routine withholding sales generally carry less informational weight about the insider’s view of the company than voluntary open-market purchases.