Insider Selling: Spero Therapeutics (NASDAQ:SPRO) Insider Sells 25,240 Shares of Stock
MarketBeat
Spero Therapeutics, Inc. (NASDAQ:SPRO - Get Free Report) insider Esther Rajavelu sold 25,240 shares of the firm's stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $2.51, for a total transaction of $63,352.40. Following the completion of the sale, the insider owned 986,851 shares in the company, valued at $2,476,996.01. The trade was a 2.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NASDAQ:SPRO