Ho Junlin 4
Research Summary
AI-generated summary
Scholar Rock (SRRK) GC Ho Junlin Sells 9,580 Shares
What Happened
Ho Junlin, General Counsel of Scholar Rock Holding Corp (SRRK), sold 9,580 shares of common stock in an open-market/private sale on February 17, 2026 at $46.53 per share, generating $445,740. This sale was a company-mandated "sell to cover" to satisfy tax withholding tied to RSUs that vested on February 15, 2026, not a discretionary trade.
Key Details
- Transaction date: 2026-02-17; Price: $46.53; Shares sold: 9,580; Proceeds: $445,740.
- Filing date: Form 4 filed 2026-02-19 (covers the Feb 17 transaction) — appears timely.
- Shares owned after transaction: 131,646 shares of common stock and 109,899 RSUs (per footnote).
- Footnote: Sale was required to cover tax withholding on RSUs that vested Feb 15, 2026; RSUs were granted Feb 13, 2023 and Mar 10, 2025 and vest annually over four years. This sale was a tax-withholding action, not a discretionary sale.
Context
"Sell to cover" transactions are common when restricted stock units vest and employers require withholding taxes be paid by selling a portion of the vested shares. Such sales generally reflect tax logistics rather than a signal about the insider’s view on the company.