Insider Trading February 6, 2026

Solid Biosciences CMO Sells $81,271 in Shares to Cover Taxes After RSU Vesting

Sale executed under sell-to-cover instruction; company reports clinical progress while analysis flags cash burn despite positive price momentum

By Sofia Navarro SLDB
Solid Biosciences CMO Sells $81,271 in Shares to Cover Taxes After RSU Vesting
SLDB

Gabriel Brooks, Chief Medical Officer of Solid Biosciences Inc. (NASDAQ: SLDB), sold 12,616 shares on February 4, 2026, in a non-discretionary sell-to-cover transaction to satisfy withholding tax obligations after restricted stock units vested. The sale, executed under a pre-existing instruction, generated $81,271 at an average price of $6.4419 per share. Company updates cited dosing milestones and regulatory designations for its gene therapies, while market analysis shows strong year-over-year price momentum alongside concerns about cash consumption.

Key Points

  • Gabriel Brooks sold 12,616 shares on Feb. 4, 2026 at a weighted average price of $6.4419, generating $81,271 in proceeds; prices ranged from $6.28 to $6.60.
  • The sale was executed under a sell-to-cover instruction adopted Aug. 15, 2024 and was not a discretionary trade; Brooks now directly holds 84,092 shares.
  • Solid Biosciences reports clinical progress - 33 participants dosed in the Phase 1/2 INSPIRE trial for Duchenne and the first participant dosed in the Phase 1b FALCON trial - alongside an Orphan Drug designation for SGT-212; market analysis shows a 126% 12-month return but notes rapid cash burn.

Gabriel Brooks, the chief medical officer at Solid Biosciences Inc. (NASDAQ: SLDB), completed a sale of 12,616 shares of the company’s common stock on February 4, 2026, according to a Form 4 filed with the Securities and Exchange Commission.

The shares were sold at a weighted average price of $6.4419, producing proceeds of $81,271. The execution prices for the lots in the transaction ranged from $6.28 to $6.60. At the time of reporting, the stock was trading at $6.52, slightly above the weighted-average transaction price.

After this sell-to-cover transaction, Dr. Brooks’ direct ownership in Solid Biosciences stands at 84,092 shares. The company is a clinical-stage genetic medicines developer with a market capitalization of roughly $508 million. Independent market analysis cited alongside the filing indicates the stock has shown strong price momentum over the last 12 months, with a reported 126% return, while a Fair Value assessment describes the shares as marginally overvalued.


Context and structure of the sale

The sale was executed to cover withholding taxes that arose when previously granted restricted stock units vested. It was carried out pursuant to a durable automatic sale instruction letter that Dr. Brooks adopted on August 15, 2024, effecting a sell-to-cover election. The Form 4 states explicitly that this disposition does not constitute a discretionary trade by Dr. Brooks.

Company-level balance-sheet commentary included in the filing materials notes that Solid Biosciences currently reports having more cash than debt. However, analysis accompanying the filing also flags that the company is depleting cash at a rapid pace.


Recent clinical and regulatory developments

Solid Biosciences has continued to advance multiple clinical programs and regulatory milestones. The company reported dosing 33 participants in its Phase 1/2 INSPIRE DUCHENNE trial for Duchenne muscular dystrophy, characterizing its SGT-003 therapy as generally well tolerated in that study.

In addition, the U.S. Food and Drug Administration granted Orphan Drug designation to Solid Biosciences’ investigational gene therapy SGT-212 for Friedreich’s ataxia. The company also announced that the first participant has been dosed in the Phase 1b FALCON clinical trial, which employs a dual-route administration approach intended to address multiple disease manifestations.

Market analysts have taken note of the company’s science platform and pipeline. One firm reiterated a Market Outperform rating for Solid Biosciences, pointing to the company’s proprietary capsid technology and a distinct approach to dystrophin expression.


Policy and screening developments relevant to the pipeline

Regulatory and public-health developments could influence the practical reach of future therapies. The U.S. Department of Health and Human Services added Duchenne muscular dystrophy to the Recommended Uniform Screening Panel, a move that could hasten early detection and patient access to interventions. Solid Biosciences has publicly supported the inclusion of Duchenne on the panel for nearly a decade.


What the filing shows and what remains to watch

The Form 4 establishes that the insider sale was a mechanical, non-discretionary transaction tied to tax withholding following RSU vesting. Meanwhile, company disclosures and external analysis point to a mixed picture: active clinical progress and favorable regulatory designations set against a balance-sheet trajectory that includes rapid cash consumption despite current net cash status.

Investors and market participants will likely monitor upcoming clinical readouts, the pace of cash use, and any further insider activity for signals on operational progress and financing needs.

Risks

  • Rapid cash consumption despite having more cash than debt - potential financing or dilution risk for equity holders and implications for biotech funding markets.
  • Clinical development uncertainty - ongoing trials (INSPIRE, FALCON) and early-stage programs carry typical clinical and regulatory execution risks for the biotech sector.
  • Market valuation tension - analysis labels the shares marginally overvalued while price momentum has been strong, posing potential volatility in capital markets trading the stock.

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