RPID CFO Sells $22.8K in Stock for Tax Obligations
RAPID MICRO BIOSYSTEMS, INC.
Subscribe to track RPID
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
RPID CFO Sells $22.8K in Stock for Tax Obligations
Company: RAPID MICRO BIOSYSTEMS, INC. (RPID) Form: 4 | Filed: 2026-02-10 Significance: Low
Insider: WIRTJES SEAN M Title: CHIEF FINANCIAL OFFICER | Relationship: Officer
Transaction: • Type: Sell (Tax Covering) • Shares: 6,027 • Price: $3.78 • Value: $22,800 • Owned After: 483,928
Key Insight: This was an automatic, non-discretionary sale to cover tax liabilities from vested restricted stock units (RSUs), not a reflection of the insider's market sentiment.
Comprehensive Analysis
SEC Filing Analysis: RAPID MICRO BIOSYSTEMS, INC. (RPID)
Executive Summary
- Trading Significance: Low
- Key Takeaway: The CFO executed a minor, automatic sale of stock solely to cover tax obligations related to the vesting of restricted stock units (RSUs).
- Market Impact: Neutral. This type of non-discretionary transaction is routine and carries no significant market signal.
Company Information
| Field | Value |
|---|---|
| Company | RAPID MICRO BIOSYSTEMS, INC. |
| Ticker Symbol | RPID |
| CIK | 0001380106 |
| Industry | Laboratory Analytical Instruments |
Insider Information
| Field | Value |
|---|---|
| Name | WIRTJES SEAN M |
| CIK | 0001289733 |
| Title/Position | CHIEF FINANCIAL OFFICER |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-02-09 |
| Transaction Code | S (Sale) |
| Security Type | Class A Common Stock |
| Shares Involved | 6,027 |
| Price Per Share | $3.7827 |
| Total Value | $22,800.00 |
| Shares Owned After | 483,928 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $22,800.00 |
| % of Market Cap | 0.013% |
| Shares Transacted | 6,027 |
| % of Shares Outstanding | 0.014% |
| Post-Transaction Ownership | 483,928 shares (1.09% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The $22,800 transaction is negligible compared to the company's $170 million market capitalization.
- Ownership Concentration: The sale represents a very small fraction (approx. 1.2%) of the CFO's total holdings, and their post-transaction ownership remains significant at over 1% of the company.
- Transaction Significance: The transaction's value is less than 0.1% of the market cap and the shares involved are less than 0.1% of shares outstanding, categorizing it as low significance. The context provided in the filing's footnote further diminishes its importance.
Additional Context
Special Circumstances
- Sell-to-Cover: The filing footnote explicitly states, "Represents the automatic sale of stock to cover the associated tax obligations with the vesting of restricted stock units." This indicates the sale was pre-planned and non-discretionary, not a strategic decision based on the company's outlook.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
