Wilson John J. Addington 4
4 · RAPID MICRO BIOSYSTEMS, INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
RAPID Micro Biosystems (RPID) COO John Addington Sells 9,603 Shares
What Happened John J. Addington, Chief Operating Officer of RAPID Micro Biosystems (RPID), reported the sale of 9,603 shares on 2026-03-11 at $4.32 per share, totaling $41,467. The filing reports the transaction as a sale (code S) and includes a footnote that the shares were automatically sold to cover tax obligations from restricted stock unit (RSU) vesting — a routine "sell-to-cover" transaction rather than an active investment decision.
Key Details
- Transaction date: 2026-03-11; Report filed: 2026-03-12 (filed the next day).
- Price and amount: 9,603 shares sold at $4.32/share, total proceeds ~$41,467.
- Reported method: Sale (open market or private sale) with footnote F1 indicating automatic sale to cover taxes on RSU vesting.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Timeliness: Filing appears timely (reported the day after the transaction).
Context Sell-to-cover transactions are common when RSUs vest and are typically used only to satisfy tax withholding obligations; they do not necessarily signal the insider's view on the company. For retail investors, outright purchases or large discretionary sales can be more informative than routine tax-related sales.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-11$4.32/sh−9,603$41,467→ 316,762 total
Footnotes (1)
- [F1]Represents the automatic sale of stock to cover the associated tax obligations with the vesting of restricted stock units.