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Roivant Sciences and Rockwell Automation insiders execute stock sales
Roivant Sciences insider Mayukh Sukhatme has executed several significant stock sales throughout August. On August 20th, Sukhatme sold 17,519 shares at an average price of $37.30, totaling approximately $653,458. This transaction followed a series of larger sales earlier in the month, including a sale of 284,707 shares on August 17th and 243,177 shares on August 14th. Following the most recent transaction, Sukhatme retains over 18.6 million shares in the company.
Separately, Christian Rothe, the Chief Financial Officer of Rockwell Automation, Inc., sold 590 shares of the company on August 20th. The shares were sold at an average price of $434.30, for a total value of $256,237. The sale was conducted under a pre-arranged Rule 10b5-1 trading plan to cover tax withholding obligations related to the vesting of equity awards. Rothe maintains a direct ownership of 10,429 shares.
Entities
Christian Rothe · Mayukh Sukhatme · Rockwell Automation, Inc. · Roivant Sciences Ltd. · Securities and Exchange Commission