Cryoport (CYRX) CSO granted stock awards and executes tax-related sale
Rhea-AI Filing Summary
Cryoport, Inc. Chief Scientific Officer Mark W. Sawicki reported a mix of equity awards and a small sale of common stock. He received 22,845 shares of common stock as restricted stock rights that vest in four equal annual installments beginning on March 14, 2027. He was also granted stock options for 68,534 shares at an exercise price of $8.60 per share, vesting 1/48 each month starting April 14, 2026, through forty-eight months.
On March 16, 2026, Sawicki sold 3,235 shares of common stock at $8.00 per share, which the company notes were required to be sold to pay taxes due upon vesting of restricted stock rights. After this tax-related sale, he directly holds 103,697 shares of Cryoport common stock, along with the newly granted stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,235 | $8.00 | $26K |
| Grant/Award | Stock Option (right to buy) | 68,534 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 22,845 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents restricted stock rights, which are a contingent right to receive one share of CYRX common stock, that vest in four equal annual installments beginning March 14, 2027.
- F2. Shares required to be sold in accordance with the Issuer's policies, in payment of taxes due upon the vesting of restricted stock rights.
- F3. 1/48 of options vest on the 14th of each month for forty-eight months beginning April 14, 2026.
FAQ
What insider transactions did Cryoport (CYRX) report for Mark W. Sawicki?
What new stock awards did Cryoport (CYRX) grant to its Chief Scientific Officer?
When do Mark W. Sawicki’s new restricted stock rights in Cryoport (CYRX) vest?
What are the terms of Mark W. Sawicki’s new Cryoport (CYRX) stock options?
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