Cryoport CEO gets 492,901 options, sells shares
Cryoport, Inc. President and CEO Jerrell Shelton reported two transactions.
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Rhea-AI Filing Summary
Cryoport, Inc. President and CEO Jerrell Shelton reported two transactions. He sold 7,918 shares of Common Stock at $8.00 per share on March 16, 2026, with a footnote stating the shares were required to be sold to pay taxes due on vesting of restricted stock rights. After this tax-related sale, he directly owned 1,054,501 Common shares. On March 14, 2026, he also received a grant of 492,901 stock options with an exercise price of $8.60 per share, expiring on March 14, 2033; 1/48 of these options vest on the 14th of each month over 48 months beginning April 14, 2026.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,918 | $8.00 | $63K |
| Grant/Award | Stock Option (right to buy) | 492,901 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares required to be sold in accordance with the Issuer's policies, in payment of taxes due upon the vesting of restricted stock rights.
- F2. 1/48 of options vest on the 14th of each month for forty-eight months beginning April 14, 2026.
FAQ
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What insider transactions did Cryoport (CYRX) CEO Jerrell Shelton report?
What stock options were granted to the Cryoport (CYRX) CEO in this Form 4?
How do the new Cryoport (CYRX) CEO options vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.