CRISPR Therapeutics counsel sells 1,040 shares
The share sale was required to fund tax withholding on the RSU vesting, rather than a discretionary trade.
Sentiment and the balance of points
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Rhea-AI Filing Summary
CRISPR Therapeutics AG General Counsel and Secretary James R. Kasinger reported that 2,113 restricted stock units vested on October 13, 2026, resulting in 2,113 common shares. He sold 1,040 common shares on October 14, 2026, at $49.26 per share. The sale was required under the company’s RSU Settlement Policy to fund tax withholding and was not discretionary; no Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F2 | 1,040 | $49.26 | $51K |
| Exercise | Restricted Stock Units F1, F3 | 2,113 | -- | -- |
| Exercise | Common Shares F1 | 2,113 | -- | -- |
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 October 13, 2023 with respect to 6,340 Common Shares, with (i) one third of the shares vesting on October 13, 2024, (ii) one third of the shares vesting on October 13, 2025, and (iii) one third of the shares vesting on October 13, 2026.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligation financial
RSU Settlement Policy financial
FAQ
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When did James R. Kasinger’s CRSP restricted stock units vest?
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