Mustang Bio (MBIO) CEO Litchman gave up 2,820 shares at an average $7.72 to cover taxes or an exercise price
Insider transactions reported
Manuel MD Litchman (President and CEO at Mustang Bio Inc., MBIO) reported that they gave up 2,820 shares at an average $7.72 to cover taxes or an exercise price between Apr 24, 2022 and Apr 24, 2023. After these transactions the filing shows 79,420 shares held directly.
- Reporting person
- Litchman Manuel MD
- Role
- President and CEO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Apr 24, 2022 | Shares withheld for taxes or exercise price (F) | Common Stock1, 2, 4 | -1,248 | $12.15 | $15.2K | 80,992 direct |
| Apr 24, 2023 | Shares withheld for taxes or exercise price (F) | Common Stock3 | -1,572 | $4.21 | $6,618 | 79,420 direct |
Holdings before and after
- Common Stock: 82,240 to 79,420 direct
Footnotes from the filing
- 1. 1,248 shares of common stock were relinquished to cover tax liability associated with the delivery of shares of common stock upon the vesting of restricted stock units.
- 2. The amount of common stock reflected on this Form 4 has been adjusted to reflect a 1-for-15 reverse stock split that occurred subsequent to this transaction.
- 4. Includes 3,975 shares of common stock acquired under the Mustang Bio, Inc. Employee Stock Purchase Plan on March 1, 2023 and September 1, 2023.
Transaction codes in this filing
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Litchman report in this MBIO Form 4?
Manuel MD Litchman (President and CEO at Mustang Bio Inc., MBIO) reported that they gave up 2,820 shares at an average $7.72 to cover taxes or an exercise price between Apr 24, 2022 and Apr 24, 2023. After these transactions the filing shows 79,420 shares held directly.
How many MBIO shares does Litchman hold after this filing?
The filing shows 79,420 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code F mean on an SEC Form 4?
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
Historical context for MBIO
Earlier insider filings at MBIO
- Jan 3, 2024Fortress Biotech, Inc. was granted 419,092 shares, increasing direct ownership by 28% to 1,927,800 units (SEC Form 4)
- Jul 7, 2023SEC Form 4 filed by Zelefsky Michael J
- Jul 7, 2023SEC Form 4 filed by Chill Adam J.
- Jul 7, 2023SEC Form 4 filed by Rosenwald Lindsay A Md
- Jul 7, 2023SEC Form 4 filed by Weiss Michael S
- Market cap
- 30-day
- Sector
- Health Care
- Industry
- Biotechnology: Pharmaceutical Preparations
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