Zygmont Chester Stanley III 4
Research Summary
AI-generated summary
Revelation Biosciences CFO Chester Zygmont Sells 13,100 Shares
What Happened
- Chester S. Zygmont III, CFO of Revelation Biosciences, sold 13,100 shares on Feb 4, 2026 to satisfy tax withholding obligations arising on the vesting of restricted stock awards. The weighted-average price was $1.65, for proceeds of approximately $21,615. The sale was mandatory to cover taxes and not an open-market discretionary sale.
Key Details
- Transaction date: 2026-02-04; Form 4 filed: 2026-02-05 (timely filing).
- Price: weighted average $1.65; shares sold in multiple transactions at prices ranging $1.63–$1.66.
- Amount: 13,100 shares disposed for ~$21,615.
- Transaction code: F — sale to satisfy tax withholding on vesting (mandatory; reporting person did not exercise investment discretion).
- Reverse split: all share counts reflect a 1-for-4 reverse stock split effective Jan 28, 2026.
- Holdings notes in filing: some shares are held by The Zygmont Family Trust and by Czeslaw Capital Fund, LLC (he is trustee/sole manager).
- Shares owned after the transaction are not specified in the information provided here.
Context
- This was a sell-to-cover (tax withholding) related to restricted stock vesting, not a voluntary open-market sale; such transactions are routine and reflect tax obligations rather than a directional bet on the stock.
- The filing discloses the weighted-average price and a range; the reporter offered to provide exact per-trade details on request.