Faga Daniel 4
4 · ANAPTYSBIO, INC · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
ANAB CEO Daniel Faga Receives Award, Sells Shares
What Happened
Daniel Faga — President, CEO and a director of ANAPTYSBIO, Inc. (ANAB) — was reported as receiving 34,300 performance-based restricted stock units (PSUs) that vested/was certified on March 25, 2026. Following the vesting/settlement, Faga sold 17,679 shares in multiple open-market transactions on March 27, 2026, generating approximately $1,089,199. The sales were reported as "sell to cover" transactions to satisfy tax-withholding obligations related to the PSU settlement (i.e., not discretionary sell orders).
Key Details
- Transaction dates: Award/vesting on 2026-03-25; shares sold on 2026-03-27; Form 4 filed 2026-03-27 (appears timely).
- Award: 34,300 PSUs earned per performance certification (each PSU = one share).
- Sales: 17,679 shares disposed across multiple lots, total proceeds ≈ $1,089,199. Individual reported sale prices ranged roughly from $56.29 to $65.99 per share (several lots reported as weighted-average prices with narrower ranges).
- Reason: Sales were to cover tax withholding on PSU vesting (sell-to-cover), and the filing notes these were not discretionary transactions.
- Shares owned after transaction: not specified in the provided summary — see the full Form 4 for total beneficial ownership.
- Footnotes: Filing includes weighted-average price groupings and offers to provide per-price breakdowns on request (see footnotes in the Form 4).
Context
This filing shows a standard post-vesting "sell to cover" where an insider receives performance shares and sells a portion to satisfy tax obligations. Such transactions generally reflect tax logistics rather than a direct signal of confidence or lack thereof. For full details (exact ownership after the transactions and the per-price breakdowns for each lot), consult the filed Form 4 (Accession No. 0001673528-26-000007).
Insider Transaction Report
Form 4
ANAPTYSBIO, INCANAB
Faga Daniel
DirectorPresident, CEO
Transactions
- Award
Common Stock
[F1][F2]2026-03-25+34,300→ 513,644 total - Sale
Common Stock
[F3][F4]2026-03-27$56.61/sh−510$28,873→ 513,134 total - Sale
Common Stock
[F3][F5]2026-03-27$57.91/sh−2,570$148,819→ 510,564 total - Sale
Common Stock
[F3][F6]2026-03-27$58.62/sh−3,662$214,651→ 506,902 total - Sale
Common Stock
[F3][F7]2026-03-27$59.62/sh−490$29,216→ 506,412 total - Sale
Common Stock
[F3][F8]2026-03-27$60.63/sh−550$33,345→ 505,862 total - Sale
Common Stock
[F3][F9]2026-03-27$62.15/sh−1,012$62,898→ 504,850 total - Sale
Common Stock
[F3][F10]2026-03-27$63.35/sh−2,592$164,204→ 502,258 total - Sale
Common Stock
[F3][F11]2026-03-27$64.19/sh−3,155$202,522→ 499,103 total - Sale
Common Stock
[F3][F12]2026-03-27$65.20/sh−3,038$198,072→ 496,065 total - Sale
Common Stock
[F3]2026-03-27$65.99/sh−100$6,599→ 495,965 total
Footnotes (12)
- [F1]Represents performance-based restricted stock units ("PSUs") that were earned by the Reporting Person upon the achievement of certain performance criteria as certified by the Compensation Committee of the Issuer's Board of Directors on March 25, 2026.
- [F10]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.71 to $63.685 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F11]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.71 to $64.64 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F12]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.785 to $65.61 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Each PSU represents a conditional right to receive one share of the Issuer's Common Stock.
- [F3]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of PSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.285 to $57.215 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.29 to $58.21 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.29 to $59.275 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F7]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.29 to $60.08 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F8]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.405 to $61.05 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F9]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.66 to $62.65 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Eric Loumeau, Attorney-in-Fact|2026-03-27