CRSP CEO reports RSU vesting and tax sale to cover withholding
Rhea-AI Filing Summary
CRISPR Therapeutics (CRSP) Form 4: On October 16, 2025, the CEO and director reported the vesting and settlement of 100,000 restricted stock units into common shares. On October 17, 2025, 50,895 common shares were sold at $67.91 to cover tax withholding mandated by company policy. Following these transactions, holdings were 254,201 common shares directly and 85,662 indirectly via The Kulkarni 2023 GRAT. The RSU grant leaves 300,000 RSUs scheduled to vest annually through October 2028.
Positive
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Negative
- None.
Insights
Routine RSU vesting with tax sale; neutral governance signal.
The CEO converted 100,000 RSUs into common shares on October 16, 2025, then sold 50,895 shares at $67.91 on October 17, 2025 to satisfy tax withholding under a mandated policy. Such sales are administrative and do not reflect discretionary trading intent.
Post-transaction holdings totaled 254,201 directly and 85,662 indirectly via The Kulkarni 2023 GRAT. The underlying award originally covered 400,000 shares, with equal tranches vesting on October 16 each year from 2025 to 2028. Actual market impact depends on normal trading volumes and holder decisions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 50,895 | $67.91 | $3.46M |
| Exercise | Restricted Stock Units | 100,000 | $0.00 | -- |
| Exercise | Common Shares | 100,000 | $0.00 | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of CRSP Common Shares. Amount reported represents the number of shares required to be sold by the reporting person to cover the tax withholding obligation in connection with the vesting of these restricted stock units. This sale is mandated by the Company's RSU Settlement Policy to fund the tax withholding obligation and does not represent a discretionary trade by the reporting person. This restricted stock unit award was granted on October 16, 2024 with respect to 400,000 Common Shares, with (i) one quarter of the shares vesting on October 16, 2025, (ii) one quarter of the shares vesting on October 16, 2026, (iii) one quarter of the shares vesting on October 16, 2027, and (iv) one quarter of the shares vesting on October 16, 2028.