Joseph K. Schachle, Chief Operating Officer of Opus Genetics, Inc., filed a Form 4 on October 27, 2026, reporting an automatic sale of 4,767 shares of common stock on October 23, 2026, to cover tax withholding obligations arising from the vesting and settlement of restricted stock units.

Key Highlights

  • Reporting person: Joseph K. Schachle, Chief Operating Officer of Opus Genetics, Inc. (NASDAQ:IRD)
  • Transaction date: October 23, 2026
  • Shares disposed: 4,767 shares of common stock, coded as a sale (S)
  • Price per share: $3.565
  • Beneficial ownership following transaction: 286,673 shares held directly
  • Purpose: Shares were sold automatically to satisfy tax withholding obligations connected to RSU vesting and settlement, not a discretionary trade

Schachle RSU Tax-Withholding Sale Details for Opus Genetics

According to the filing, Schachle reported a single transaction in Table I covering non-derivative securities. On October 23, 2026, 4,767 shares of Opus Genetics common stock were disposed of at a price of $3.565 per share. The transaction is coded "S" and is classified as a disposition (D). The filing notes that the shares were held directly by the reporting person.

The filing includes an explanation stating: "The shares reported on this line were sold automatically on behalf of the Reporting Person, as required by the Issuer to satisfy tax withholding obligations that arose in connection with the vesting and settlement of restricted stock units. This transaction does not represent a discretionary trade by the Reporting Person." Following the transaction, Schachle's directly held beneficial ownership stands at 286,673 shares, according to the filing.

No derivative securities activity was reported in Table II. The Form 4 was signed by Amy Rabourn, by Power of Attorney, and filed on October 27, 2026. The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1(c) plan, as that checkbox was not selected.

What Was Disclosed

Opus Genetics COO Joseph K. Schachle reported an automatic sale of 4,767 common shares at $3.565 on October 23, 2026, solely to cover RSU-related tax withholding, leaving him with 286,673 directly held shares.