CRISPR Therapeutics (CRSP) CEO logs RSU vesting and tax-driven share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CRISPR Therapeutics AG Chief Executive Officer Samarth Kulkarni reported RSU vesting and a related tax sale. On March 14, 2026, 20,625 Restricted Stock Units vested and were converted into 20,625 Common Shares at a conversion price of $0.00 per share.
The vested RSUs are part of an 82,500-share award granted on March 14, 2025, scheduled to vest in four equal annual installments through March 14, 2029. On March 16, 2026, 10,349 Common Shares were sold at $48.26 per share to cover tax withholding obligations under the company’s RSU Settlement Policy, which the footnotes state does not represent a discretionary trade. After these transactions, Kulkarni directly holds 245,834 Common Shares and 61,875 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,349 shares ($499,443)
Net Sell
3 txns
Insider
Kulkarni Samarth
Role
Chief Executive Officer
Sold
10,349 shs ($499K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 10,349 | $48.26 | $499K |
| Exercise | Restricted Stock Units | 20,625 | $0.00 | -- |
| Exercise | Common Shares | 20,625 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 245,834 shares (Direct);
Restricted Stock Units — 61,875 shares (Direct)
Footnotes (1)
- These shares remain subject to a lock-up agreement with the underwriters of the Issuer's offering of convertible senior notes due 2031. 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 March 14, 2025 with respect to 82,500 Common Shares, with (i) one quarter of the shares vesting on March 14, 2026, (ii) one quarter of the shares vesting on March 14, 2027, (iii) one quarter of the shares vesting on March 14, 2028, and (iv) one quarter of the shares vesting on March 14, 2029.
FAQ
What insider transactions did CRISPR Therapeutics (CRSP) CEO report?
CRISPR Therapeutics CEO Samarth Kulkarni reported RSU vesting and a related tax sale. 20,625 Restricted Stock Units converted into Common Shares, and 10,349 shares were sold at $48.26 each solely to satisfy tax withholding obligations under the company’s RSU Settlement Policy.
What RSU vesting occurred for the CRSP CEO in March 2026?
On March 14, 2026, 20,625 Restricted Stock Units vested and converted into an equal number of CRISPR Therapeutics Common Shares at a $0.00 conversion price. These RSUs are part of an 82,500-share award granted March 14, 2025, vesting in four annual installments through 2029.
What are the CRSP CEO’s holdings after the reported Form 4 transactions?
Following the March 2026 transactions, Samarth Kulkarni directly holds 245,834 CRISPR Therapeutics Common Shares and 61,875 Restricted Stock Units. These figures reflect the RSU vesting, the tax-related share sale, and the remaining unvested portion of the March 14, 2025 RSU award.
How is the CRSP CEO’s RSU award structured over time?
The CEO received a Restricted Stock Unit award for 82,500 Common Shares on March 14, 2025. One quarter vests on March 14, 2026, with additional quarters vesting on March 14 of 2027, 2028, and 2029, providing a multi-year, time-based equity compensation schedule.