Lutz Stefan 4

What Happened

• Stefan Lutz, Chief Scientific Officer of Codexis, sold 2,492 shares in an open-market/private sale on February 6, 2026. The shares were sold at $1.31 per share for total proceeds of about $3,257. This sale was made solely to satisfy tax or other government withholding obligations in connection with the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-02-06; Filing date: 2026-02-09 (timely filed)
• Transaction type: Sale (S); reason per footnote: tax/withholding on RSU vesting
• Price and amount: 2,492 shares at $1.31 each; proceeds ≈ $3,257
• Holdings note: Filing includes 35,799 restricted stock units (RSUs) in reported holdings
• Filing timeliness: Reported on 2026-02-09 for a 2026-02-06 transaction — within the Form 4 filing window

Context

• The sale was a tax-withholding sale related to RSU vesting, a common administrative transaction that does not necessarily indicate a change in insider sentiment. For retail investors, purchases generally carry more informational weight than routine withholding sales.