Crinetics CCO sells shares after option exercise
Crinetics Pharmaceuticals’ Chief Commercial Officer, Isabel Kalofonos, reported routine insider transactions.
Rhea-AI Filing Summary
Crinetics Pharmaceuticals’ Chief Commercial Officer, Isabel Kalofonos, reported routine insider transactions. On January 5, 2026, she exercised a stock option for 2,500 shares of common stock at an exercise price of $40.59 per share, converting derivative securities into common stock. That same day, she sold 2,500 shares of common stock in an open‑market transaction at $55.00 per share under a pre‑arranged Rule 10b5‑1 trading plan adopted on June 7, 2025.
Following these transactions, Kalofonos directly beneficially owned 834 shares of common stock, which include shares acquired under the company’s employee stock purchase plan, and held 97,500 stock options after the reported option exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 2,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,500 | $40.59 | $101K |
| Sale | Common Stock | 2,500 | $55.00 | $138K |
Footnotes (4)
- F1. Includes 834 shares acquired under the Issuer's Employee Stock Purchase Plan.
- F2. The sale reported in this Form 4 was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 7, 2025.
- F3. The common stock was sold by the Reporting Person in an open market transaction on the transaction date, at a sale price of $55.00 per share.
- F4. The option is exercisable as follows: 25% of the shares subject to the option vested on December 16, 2025, and the remaining number of shares subject to the option vest monthly thereafter in thirty-six equal monthly installments, subject to the Reporting Person's continued employment with the Issuer on each such vesting date.
FAQ
What insider transaction did CRNX report for Isabel Kalofonos?
At what prices did the CRNX insider option exercise and sale occur?
How many CRNX stock options does Isabel Kalofonos hold after the filing?
How do the vesting terms work for the reported CRNX stock option?
AI-generated analysis. How Rhea-AI works. Not financial advice.