Equity grants and tax-related sale by Cryoport (CYRX) officer Zecchini
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cryoport, Inc. officer Edward J. Zecchini reported routine equity compensation activity and a small share sale. He received 21,322 shares of Common Stock as restricted stock rights that vest in four equal annual installments beginning March 14, 2027, and a stock option grant for 63,965 shares at an exercise price of $8.60 per share expiring in 2033. On March 16, 2026, he sold 2,014 shares of Common Stock at $8.00 per share, with a footnote explaining the shares were required to be sold to pay taxes due on the vesting of restricted stock rights. After these transactions, he directly holds 109,719 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,014 shares ($16,112)
Net Sell
3 txns
Insider
ZECCHINI EDWARD J
Role
See Remarks
Sold
2,014 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,014 | $8.00 | $16K |
| Grant/Award | Stock Option (right to buy) | 63,965 | $0.00 | -- |
| Grant/Award | Common Stock | 21,322 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 109,719 shares (Direct);
Stock Option (right to buy) — 63,965 shares (Direct)
Footnotes (1)
- 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. Shares required to be sold in accordance with the Issuer's policies, in payment of taxes due upon the vesting of restricted stock rights. 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) officer Edward J. Zecchini report?
He reported a grant of 21,322 restricted stock rights, a grant of 63,965 stock options, and the sale of 2,014 Common Stock shares. These transactions reflect routine equity compensation and a small tax-related share sale.
What are the terms of Edward J. Zecchini’s new Cryoport (CYRX) stock option grant?
He received stock options for 63,965 shares of Cryoport Common Stock at an exercise price of $8.60 per share, expiring in 2033. One forty-eighth vests monthly on the 14th, beginning April 14, 2026.
How do Edward J. Zecchini’s restricted stock rights in Cryoport (CYRX) vest?
The Form 4 states that 21,322 restricted stock rights vest in four equal annual installments beginning March 14, 2027. Each restricted stock right is a contingent right to receive one share of Cryoport Common Stock upon vesting.