Insider Trading January 21, 2026

Scholar Rock’s CHRO Sells Shares to Meet Tax Obligations Amid Biotech Developments

Caryn Parlavecchio completes a significant RSU-related stock sale while analysts weigh in on company prospects

By Leila Farooq SRRK
Scholar Rock’s CHRO Sells Shares to Meet Tax Obligations Amid Biotech Developments
SRRK

Caryn Parlavecchio, Chief Human Resources Officer of Scholar Rock Holding Corp, recently sold 6,600 shares of company stock to fulfill tax requirements tied to restricted stock units vesting. Concurrently, multiple analysts maintain positive outlooks on Scholar Rock’s lead drug candidate despite regulatory challenges and manufacturing partner scrutiny, underscoring ongoing investor interest in the biotech firm’s pipeline and strategic advances.

Key Points

  • Caryn Parlavecchio, Scholar Rock’s CHRO, sold 6,600 shares on January 16, 2026, to cover tax withholding related to RSU vesting.
  • Analysts, including UBS and Cantor Fitzgerald, maintain positive ratings on Scholar Rock, focusing on apitegromab’s potential within rare-disease treatment and SMA.
  • Scholar Rock faces regulatory and manufacturing challenges, with an FDA warning letter issued to its manufacturing partner, Catalent Indiana, yet the company plans a 2026 U.S. launch pending approval.

Caryn Parlavecchio, Chief Human Resources Officer at Scholar Rock Holding Corp (NASDAQ: SRRK), executed a sale of 6,600 shares of the company's common stock on January 16, 2026. The shares were sold at a price of approximately $44.48 per share, resulting in proceeds totaling $293,552.

This transaction was formally reported through a Form 4 filing with the Securities and Exchange Commission (SEC). The sale arose from a need to cover tax withholding obligations following the vesting of restricted stock units (RSUs) on January 15, 2026. According to the filing’s footnotes, this sale was performed pursuant to Scholar Rock’s equity incentive plans and was not a discretionary trade made by Parlavecchio personally.

After completing this transaction, Parlavecchio directly holds 148,864 shares in total, which includes 78,283 shares of common stock and an additional 70,581 RSUs.

Meanwhile, Scholar Rock has recently drawn attention from industry analysts and investors, due in part to its focus on rare-disease biotechnology. UBS has initiated coverage with a Buy rating and a $60 price target, emphasizing the company’s potential, especially concerning its primary candidate, apitegromab. Similarly, Cantor Fitzgerald reiterates an Overweight rating, expressing confidence in the approval outlook for apitegromab, which is developed for spinal muscular atrophy (SMA).

In regulatory updates, Scholar Rock disclosed that its manufacturing partner, Catalent Indiana, received a warning letter from the U.S. Food and Drug Administration (FDA). Despite this, the company intends to resubmit its biologics license application for apitegromab and targets a U.S. launch within 2026, contingent upon regulatory clearance.

Further reflecting market sentiment, Wolfe Research has initiated coverage with an Outperform rating and a price target of $42, notwithstanding the FDA's recent Complete Response Letter for apitegromab. BMO Capital Markets also upgraded its price target for Scholar Rock to $50 from $45 and maintained an Outperform stance, noting the company’s acceleration of technology transfer to an additional manufacturing facility.

These analyst reports highlight ongoing optimism regarding Scholar Rock’s strategic initiatives and robust drug development trajectory within the biotech sector, contributing to active investor interest and market discourse.

Risks

  • FDA regulatory setbacks, including the warning letter to Catalent Indiana and a Complete Response Letter regarding apitegromab, pose risks to product approval timelines and commercialization.
  • Parts of Scholar Rock’s drug manufacturing rely on external partners; operational or regulatory difficulties at these facilities could affect production.
  • Market reception and approval of apitegromab remain uncertain, impacting Scholar Rock’s clinical and financial outcomes.

More from Insider Trading

Elutia director buys $20,800 in Class A shares as company reports revenue gain and Nasdaq notice Feb 2, 2026 Symbotic Accounting Chief Disposes $457,722 in Shares as Company Prices 10M-Share Offering; Goldman Lowers Rating Feb 2, 2026 Wintrust Financial EVP Sells 5,000 Shares as Firm Announces Dividend Hike and Multiple Price-Target Upgrades Jan 30, 2026 Cantor Fitzgerald Affiliates Dispose of Satellogic Shares in $2.94M Transaction Block Jan 30, 2026 Navan Interim CFO Executes $37,044 Sell-to-Cover Transaction Jan 30, 2026