Bala Mohan sold MRSN

January 16, 2024 · Form 4 insider transaction

Bala Mohan sold 3,431 shares of MRSN at $2.71 per share, a transaction worth $9.3K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
3,431
Price
$2.71
Total value
$9.3K
InsiderBala Mohan
Role
CompanyMRSN
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateJanuary 16, 2024
Filing dateJanuary 17, 2024
Shares owned after14,052
OwnershipDirect
10b5-1 planYes
AmendedNo

Footnotes

Represents the sale of shares of common stock to satisfy the Reporting Person's tax withholding obligations in connection with the service-based vesting and settlement of the RSUs pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 10, 2023. The sale was effected through an automatic "sell to cover" transaction that did not represent a discretionary trade by the Reporting Person.; The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $2.70 to $2.71, 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 ranges set forth in this footnote.

View the original Form 4 on SEC EDGAR