Menu Philippe 4
Research Summary
AI-generated summary
SOPHiA GENETICS (SOPH) CMO Philippe Menu Sells Shares
What Happened
- Philippe Menu, Chief Medical Officer of SOPHiA GENETICS SA (SOPH), sold a total of 4,731 shares in two open‑market transactions to satisfy tax withholding from recent RSU vesting. The filings report 2,800 shares sold on 2026-04-08 at a weighted average price of $4.84 (≈ $13,544) and 1,931 shares sold on 2026-04-09 at a weighted average price of $4.74 (≈ $9,152). Aggregate proceeds were about $22,696. These were sales (not purchases) and were executed pursuant to a pre‑established Rule 10b5‑1 plan.
Key Details
- Transaction dates and reported weighted average prices:
- 2026-04-08: 2,800 shares sold, weighted avg $4.84 (range $4.78–$4.94) — Footnote F2
- 2026-04-09: 1,931 shares sold, weighted avg $4.74 (range $4.655–$4.86) — Footnote F3
- Total shares sold: 4,731; approximate total proceeds: $22,696.
- Purpose / notable footnote: Sales were made to satisfy tax withholding obligations tied to RSU vestings on April 2 and 3, 2026, and were effected under a pre‑established Rule 10b5‑1 trading plan (Footnote F1). The reporting person states the trades were not discretionary.
- Ownership after transaction: Not disclosed in the provided filing excerpt; see the full Form 4 for post‑transaction holdings.
- Filing timeliness: No late‑filing flag indicated in the provided data.
Context
- Sales to cover tax withholding after restricted stock unit vesting are common and typically routine; they do not necessarily signal the insider’s view on the company’s outlook. The 10b5‑1 plan detail indicates the trades were pre‑planned rather than ad hoc.