Christopher I Wright, an insider of Cyclerion Therapeutics, Inc., recently disposed of 2,637 shares of the company. The disposals took place at $3.99 per share, on February 25, 2021. Wright still owns 42,728 shares of the company. Wright operates out of Cambridge, MA. Some additional info was provided as follows:
This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. This sale was made to cover tax withholding obligations in connection with the vesting and settlement of approximately 25% of the reporting person's restricted stock units granted on April 1, 2019.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.80 to $4.00, inclusive. The reporting per son will 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 price within the range set forth in this footnote.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Current report, items 7.01 and 9.01
- Sept. 30, 2021