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Sutro Biopharma (STRO) GC reports new RSUs, options and tax share withholdings
Sutro Biopharma’s Chief Administrative Officer and General Counsel, David Pauling, reported several equity transactions including receiving new awards of 4,200 Restricted Stock Units (RSUs) and stock options for 33,600 shares. The report also detailed the vesting and settlement of previously awarded RSUs. Additionally, some common shares were withheld to cover tax obligations related to RSU settlements, which the company clarified do not represent market sales by Pauling.