CRISPR GC logs RSU share conversion and tax sale
CRISPR Therapeutics AG General Counsel and Secretary James R. Kasinger reported a mix of equity transactions involving company stock.
Rhea-AI Filing Summary
CRISPR Therapeutics AG General Counsel and Secretary James R. Kasinger reported a mix of equity transactions involving company stock. On February 18, 2026, he acquired 3,825 Common Shares through the exercise and settlement of restricted stock units at a price of $0.00 per share, increasing his direct holdings to 87,227 Common Shares. On February 19, 2026, 2,112 Common Shares were sold at an average price of $52.58 per share to cover tax withholding obligations related to the RSU vesting, as required by the company’s RSU Settlement Policy and not as a discretionary trade. After these transactions, he directly owned 85,115 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 2,112 | $52.58 | $111K |
| Exercise | Restricted Stock Units | 3,825 | $0.00 | $0.00 |
| Exercise | Common Shares | 3,825 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of CRSP Common Shares.
- F2. 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.
- F3. This restricted stock unit award was granted on February 18, 2022 with respect to 15,300 Common Shares, with (i) one quarter of the shares vesting on February 18, 2023, (ii) one quarter of the shares vesting on February 18, 2024, (iii) one quarter of the shares vesting on February 18, 2025, and (iv) one quarter of the shares vesting on February 18, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CRISPR Therapeutics (CRSP) executive James Kasinger report in this Form 4?
What restricted stock unit (RSU) award is referenced in James Kasinger’s CRSP Form 4?
How many restricted stock units did James Kasinger convert into CRISPR Therapeutics (CRSP) shares?
AI-generated analysis. How Rhea-AI works. Not financial advice.