McArthur James G 4

What Happened

• James G. McArthur, President, CEO and a director of PepGen Inc. (PEPG), recorded sales of 5,275 shares on March 4, 2026. The sales consisted of 5,144 shares at $6.23 each ($32,047) and 131 shares at $6.33 each ($829), totaling $32,876. These were sales (not purchases) and thus are typically viewed as routine rather than a bullish insider buy.

Key Details

• Transaction dates/prices: 2026-03-04 — 5,144 shares @ $6.23; 131 shares @ $6.33.
• Total proceeds: $32,876.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: The shares were automatically sold by the company to cover minimum statutory tax withholding upon RSU vesting (mandatory "sell-to-cover"). The sale was provided for in the RSU agreement as a binding contract and was not a discretionary trade by the reporting person (see footnote F1).
• Filing timeliness: Form 4 filed on 2026-03-06 for the March 4 transactions — within the typical two-business-day reporting window.

Context

• These sales were automatic tax-withholding transactions tied to the vesting and settlement of restricted stock units (RSUs), not voluntary market-timed sales. Such sell-to-cover events are common and generally don't by themselves indicate the insider's market sentiment. Purchases tend to be more informative about insider conviction.