Louis Md Brenner, Allena Pharmaceuticals, Inc.'s President and CEO and a director of the company, recently acquired 85,254 shares of the company. The buys took place at prices ranging from $0.00 to $0.81 per share, on November 15, 2021. Brenner now owns 328,904 shares of the company. Brenner operates out of Newton, MA. Some additional info was provided as follows:
The sale reported on this Form 4 was effected by the Reporting Person and represents shares sold to cover tax withholding obligations in connection with the vesting of restricted stock units.
Each restricted stock unit represents a contingent right to receive one share of common stock.
40% shall vest on May 10, 2021 and the remaining 60% shall vest on November 10, 2021, subject to the Reporting Per son's continued service through each vesting date.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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