Jackson Benjamin 4
Research Summary
AI-generated summary
Sera Prognostics (SERA) GC Jackson Benjamin Sells 2,179 Shares
What Happened
- Jackson Benjamin, General Counsel of Sera Prognostics (ticker: SERA), disposed of 2,179 shares on 2026-06-11. The reported weighted-average price was $2.01, for total proceeds of roughly $4,380. The filing lists the sale as an open-market/private sale (code S).
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15.
- Shares sold: 2,179 at a weighted-average price of $2.01; total proceeds ≈ $4,380.
- Price range for the block trade: $1.87 to $2.12 (footnote F2). The filer can provide a breakdown of how many shares sold at each price upon request.
- Footnote F1: Sale was a mandatory "sell-to-cover" to satisfy tax withholding on vested RSUs — not a discretionary sale by the insider.
- Shares owned after the transaction: not specified in the provided filing.
Context
- Sell-to-cover transactions are common when restricted stock units vest and the issuer requires tax withholding; they typically reflect tax administration rather than a personal view on the stock. The small dollar value (~$4.4k) makes this a routine, non-directional filing for most retail investors.