Yednock Ted 4
4 · Annexon, Inc. · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Annexon (ANNX) EVP Ted Yednock Sells 7,857 Shares
What Happened Ted Yednock, Annexon’s EVP & Chief Innovation Officer, sold 7,857 shares of ANNX in open-market transactions on 2026-02-18. The weighted average sale price was $5.11 per share, generating proceeds of approximately $40,149. The filing notes the sale was to cover tax withholding on vested restricted stock units (RSUs), a routine post-vesting action rather than a market-timing purchase.
Key Details
- Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (appears timely).
- Reported weighted average price: $5.11/share; reported total proceeds ≈ $40,149.
- Price range across multiple trades: $4.925 to $5.17; the filer can provide per-trade breakdown on request (footnote).
- Reason: shares sold to satisfy tax withholding obligations related to RSU vesting (footnote).
- Shares owned after transaction: not specified in the provided filing details.
- Transaction code: Sale (S); related to tax-withholding (F-type circumstance described in footnote).
Context Sales to cover tax withholding on vested RSUs are common and typically administrative in nature; they do not necessarily reflect the insider’s view on the company’s prospects. Purchases by insiders generally carry more weight for interpreting sentiment, while routine withholding sales are less informative.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-18$5.11/sh−7,857$40,149→ 97,227 total
Footnotes (2)
- [F1]The shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs").
- [F2]This transaction was executed in multiple trades in prices ranging from $4.925 to $5.17, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.