Insider Trading April 10, 2026 05:07 PM

Ginkgo Bioworks director Shetty disposes of $175k in shares to cover tax on vested PSUs

Director and founder Reshma P. Shetty sold Class A stock after exercising options tied to performance-based restricted units

By Priya Menon DNA
Ginkgo Bioworks director Shetty disposes of $175k in shares to cover tax on vested PSUs
DNA

Reshma P. Shetty, a director and President & Founder of Ginkgo Bioworks Holdings, Inc. (NYSE: DNA), sold 26,271 shares of Class A common stock between April 8 and April 9, 2026, raising roughly $175,067. The transactions followed option exercises tied to the vesting of performance-based restricted stock units, and the sales were executed to meet related tax obligations.

Key Points

  • Reshma P. Shetty sold 26,271 Class A shares between April 8 and April 9, 2026, for a total of $175,067, with prices ranging from $6.397 to $6.93.
  • Shetty exercised options to acquire 55,476 shares on April 7 and April 8 tied to the vesting of performance-based restricted stock units; the subsequent sales were to cover tax obligations from those vestings.
  • Ginkgo reported Q4 2025 improvements in cash management and reduced operating losses amid restructuring, while launching the Ginkgo Cloud Lab and planning to expand RAC cart automation in its Boston facility by the end of 2026.

Reshma P. Shetty, who serves as a Director and as President & Founder of Ginkgo Bioworks Holdings, Inc. (NYSE: DNA), completed the sale of 26,271 shares of Class A common stock over two trading days, April 8 and April 9, 2026.

The disposal generated proceeds of $175,067. Share prices on the executed trades ranged from $6.397 to $6.93 per share. These dispositions were disclosed as connected to tax liabilities arising from the vesting of performance-based restricted stock units, or PSUs.

Related activity preceded the sales. On April 7 and April 8, Shetty exercised options that resulted in the acquisition of 55,476 shares of Class A common stock, with those exercises tied directly to the PSU vesting events.


Operational and financial context

Ginkgo reported its fourth-quarter 2025 results earlier, noting material progress in cash management and the impact of an operational restructuring. Management highlighted that, despite a revenue decline in the cell engineering segment, the company cut operating losses and lowered cash burn through aggressive cost reductions.

The company is also advancing its lab automation strategy. Ginkgo has introduced the Ginkgo Cloud Lab, a cloud-based platform that permits researchers to access its automated laboratory infrastructure remotely. The platform incorporates Reconfigurable Automation Carts, which are designed to improve modularity inside laboratory environments. Management has indicated a focus on expanding Autonomous Labs and plans to add more RAC cart automation systems at its Boston facility by the end of 2026.

On the coverage side, BTIG revised its price target for Ginkgo Bioworks to $5.00 from $9.00 and maintained a Sell rating. Analyst Mark A. Massaro issued the update following the company’s fourth-quarter conference call.


Market valuation note

While the stock has experienced recent weakness, analysis from InvestingPro cited in company commentary notes that Ginkgo may appear undervalued at current prices. The referenced InvestingPro service offers additional research and fair value tools for assessing DNA’s valuation and other U.S. equities.

This sequence of option exercises, tax-related share sales, corporate restructuring, and lab automation initiatives together reflect both compensation mechanics at the company and ongoing operational shifts intended to reduce cash burn and advance automation capabilities.

Risks

  • Stock price weakness noted in recent trading could affect investor returns and valuation perceptions; this principally impacts equity investors and the biotech sector.
  • Revenue decline in the cell engineering segment signals uncertainty in top-line performance, which can influence operating cash flow and investor confidence in Ginkgo’s biotechnology and lab services business.
  • Analyst coverage remains cautious, exemplified by BTIG’s reduction of its price target to $5.00 and maintenance of a Sell rating, creating potential downward pressure on market sentiment for the company’s shares.

More from Insider Trading

RA Capital Unloads $10.2M of Vor Biopharma Stock Amid Active Financing and Clinical Milestones Apr 10, 2026 Immunovant CLO Sells $128K in Stock to Cover RSU Taxes as Company Faces Mixed Analyst Reaction After Trial Miss Apr 10, 2026 Roku Media President Sells $21.6M in Class A Shares, Exercises Equivalent Options Apr 10, 2026 U.S. Gold Director Adds to Position, Buying $146,300 in Shares Apr 10, 2026 Williams-Sonoma CFO Disposes of $267,410 in Stock via 10b5-1 Plan Apr 10, 2026