Codexis CFO Georgia Erbez sells $8,619 of common stock

Georgia Erbez, Chief Financial Officer and Chief Business Officer of Codexis, Inc. (NASDAQ:CDXS), recently disposed of company common stock, according to a filing with the Securities and Exchange Commission. On October 12, 2026, Erbez sold 6,335 shares at a price of $1.3606 per share, totaling $8,619.

The sale was conducted solely to satisfy tax or other government withholding obligations related to the vesting of restricted stock units (RSUs) of the Issuer, as noted in the filing. Following this transaction, Ms. Erbez directly holds 60,475 shares of Codexis common stock, which includes 7,707 restricted stock units.The transaction comes as Codexis shares trade at $1.29, down over 9% in the past week. According to InvestingPro analysis, the stock appears undervalued at current levels, with a Fair Value of $1.60. The company’s next earnings report is scheduled for October 29, just 15 days away. For deeper insights, investors can access Codexis’s comprehensive Pro Research Report, one of 1,400+ available on InvestingPro.

In other recent news, Codexis Inc. reported its second-quarter 2026 earnings, surpassing Wall Street expectations for both profit and revenue. The company posted an adjusted loss of 13 cents per share, which was narrower than the 14-cent loss analysts had projected. Revenue reached $14.92 million, exceeding the forecast of $13.82 million. These results highlight the company’s improving margins and progress on its ECO Synthesis platform. Additionally, the earnings report contributed to positive after-hours trading activity. While stock price movements are not the focus here, the financial performance indicates a noteworthy development for investors. There were no updates on mergers or acquisitions. Analyst opinions or changes in stock ratings were not mentioned in the recent developments.