Kiniksa (NASDAQ: KNSA) CEO awarded options, RSUs and PSUs, covers tax

Rhea-AI Filing Summary

Kiniksa Pharmaceuticals International, plc director and CEO Sanj K. Patel reported equity compensation grants and related share movements. On April 1, 2026, he received a grant of 120,150 share options with an exercise price of $48.13 per share, expiring on March 31, 2036, which vest over time starting April 1, 2026.

He was also granted 30,050 Restricted Share Units (RSUs) vesting over four years from April 1, 2026, and 60,100 Performance Share Units (PSUs), each representing a contingent right to receive Class A Ordinary Shares based on performance and vesting no later than January 30, 2029 at up to 200% of target.

In addition, previously granted RSUs totaling 21,327 units converted into the same number of Class A Ordinary Shares held indirectly through The Patel Family Irrevocable Trust of 2025. Of these, 10,313 shares were disposed of to satisfy tax obligations at $48.13 per share, leaving the trust with 71,014 shares. Separate trusts indirectly hold 109,795 and 51,794 Class A shares, reflecting substantial ongoing ownership.

Insights

Equity compensation analyst

CEO received large option, RSU and PSU awards; activity is routine compensation and tax withholding, not open-market trading.

Chairman and CEO Sanj K. Patel was granted 120,150 options at $48.13, plus RSUs and PSUs totaling 90,150 underlying shares. These awards vest over multi‑year schedules tied to continued service and, for PSUs, performance criteria certified by the compensation committee.

The filing also shows 21,327 RSUs converting into Class A Ordinary Shares, held indirectly via The Patel Family Irrevocable Trust of 2025, with 10,313 shares withheld at $48.13 to cover tax obligations. This F‑code disposition is not an open‑market sale. Indirect holdings across multiple trusts, including 71,014, 109,795, and 51,794 shares, indicate a sizable continuing equity position, suggesting these transactions are primarily administrative and compensation‑related rather than a directional market signal.

Insider Trade Summary

21,327 shares exercised/converted

Mixed 10 txns

Insider Patel Sanj K

Role CHAIRMAN & CEO

Type	Security	Shares	Price	Value
Grant/Award	Share Option	120,150	$0.00	--
Grant/Award	Restricted Share Unit	30,050	$0.00	--
Grant/Award	Performance Share Unit	60,100	$0.00	--
Exercise	Restricted Share Unit	6,481	$0.00	--
Exercise	Restricted Share Unit	6,237	$0.00	--
Exercise	Restricted Share Unit	8,609	$0.00	--
Exercise	Class A Ordinary Share	21,327	$0.00	--
Tax Withholding	Class A Ordinary Share	10,313	$48.13	$496K
holding	Class A Common Share	--	--	--
holding	Class A Ordinary Share	--	--	--

Holdings After Transaction: Share Option — 120,150 shares (Direct); Restricted Share Unit — 30,050 shares (Direct); Performance Share Unit — 60,100 shares (Direct); Class A Ordinary Share — 81,327 shares (Indirect, Held by The Patel Family Irrevocable Trust of 2025); Class A Common Share — 109,795 shares (Indirect, Held by The Marina 2016 Irrevocable Trust, u/d/t June 23, 2016)

Footnotes (1)

1. Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer. The option vests and becomes exercisable as to 25% of the total grant on the first anniversary of the vesting commencement date and vests in 36 equal monthly installments thereafter. The vesting commencement date is April 1, 2026. The RSUs vest over a four-year period, with 25% of the RSUs vesting on the vesting commencement date of April 1, 2026, and each yearly anniversary thereafter. Each Performance Share Unit (PSU) represents a contingent right to receive a number of Class A Ordinary Shares of the Issuer based upon the achievement of certain pre-established performance criteria, as certified by the Issuer's Compensation Committee. Unless earlier forfeited, each PSU vests and converts into not more than 200% of one Class A Ordinary Share of the Issuer no later than January 30, 2029, unless such date falls on a non-business date, in which case the next business date shall apply. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of the grant, April 1, 2023. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of the grant, April 1, 2024. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of the grant, April 1, 2025.

Key Figures

Option grant: 120,150 options at $48.13 RSU grant: 30,050 RSUs PSU grant: 60,100 PSUs +5 more

8 metrics

Option grant 120,150 options at $48.13 Granted April 1, 2026; expire March 31, 2036

RSU grant 30,050 RSUs Vest over four years from April 1, 2026

PSU grant 60,100 PSUs Each may convert into up to 200% of one share by Jan 30, 2029

RSUs converted 21,327 shares RSUs exercised into Class A Ordinary Shares on April 1, 2026

Tax withholding shares 10,313 shares at $48.13 Delivered to satisfy tax liability from trust holdings

Patel Family Trust holdings 71,014 shares Class A Ordinary Shares after RSU conversion and tax withholding

Marina 2016 Trust holdings 109,795 shares Indirect Class A Common Share holdings

Anglia 2013 Trust holdings 51,794 shares Indirect Class A Ordinary Share holdings

Key Terms

Restricted Share Unit, Performance Share Unit, vests and becomes exercisable, tax-withholding disposition, +2 more

6 terms

Restricted Share Unit financial

"Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer."

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

Performance Share Unit financial

"Each Performance Share Unit (PSU) represents a contingent right to receive a number of Class A Ordinary Shares of the Issuer based upon the achievement of certain pre-established performance criteria"

A performance share unit (PSU) is a form of executive or employee pay that promises shares (or the cash value of shares) only if the company meets specific performance targets over a set period. Think of it like a bonus cheque that only arrives if the company hits agreed goals — it aligns managers’ rewards with business results and signals to investors how leadership is being incentivized to grow value over time.

vests and becomes exercisable financial

"The option vests and becomes exercisable as to 25% of the total grant on the first anniversary of the vesting commencement date and vests in 36 equal monthly installments thereafter."

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

contingent right financial

"Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer."

pre-established performance criteria financial

"based upon the achievement of certain pre-established performance criteria, as certified by the Issuer's Compensation Committee."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Patel Sanj K

(Last) (First) (Middle)

C/O KINIKSA PHARMACEUTICALS INT'L

105 PICCADILLY, SECOND FLOOR

(Street)

LONDON W1J 7NJ

(City) (State) (Zip)

UNITED KINGDOM

(Country)

2. Issuer Name and Ticker or Trading Symbol
Kiniksa Pharmaceuticals International, plc [ KNSA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHAIRMAN & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Ordinary Share	04/01/2026		M		21,327	A	(1)	81,327	I	Held by The Patel Family Irrevocable Trust of 2025
Class A Ordinary Share	04/01/2026		F		10,313	D	$48.13	71,014	I	Held by The Patel Family Irrevocable Trust of 2025
Class A Common Share								109,795	I	Held by The Marina 2016 Irrevocable Trust, u/d/t June 23, 2016
Class A Ordinary Share								51,794	I	Held by The Anglia 2013 Revocable Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share Option	$48.13	04/01/2026		A		120,150		(2)	03/31/2036	Class A Ordinary Share	120,150	$0	120,150	D
Restricted Share Unit	(1)	04/01/2026		A		30,050		(3)	(3)	Class A Ordinary Share	30,050	$0	30,050	D
Performance Share Unit	(4)	04/01/2026		A		60,100		(5)	(5)	Class A Ordinary Share	60,100	$0	60,100	D
Restricted Share Unit	(1)	04/01/2026		M			6,481	(6)	(6)	Class A Ordinary Share	6,481	$0	6,481	D
Restricted Share Unit	(1)	04/01/2026		M			6,237	(7)	(7)	Class A Ordinary Share	6,237	$0	12,475	D
Restricted Share Unit	(1)	04/01/2026		M			8,609	(8)	(8)	Class A Ordinary Share	8,609	$0	25,826	D

Explanation of Responses:

1. Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer.

2. The option vests and becomes exercisable as to 25% of the total grant on the first anniversary of the vesting commencement date and vests in 36 equal monthly installments thereafter. The vesting commencement date is April 1, 2026.

3. The RSUs vest over a four-year period, with 25% of the RSUs vesting on the vesting commencement date of April 1, 2026, and each yearly anniversary thereafter.

4. Each Performance Share Unit (PSU) represents a contingent right to receive a number of Class A Ordinary Shares of the Issuer based upon the achievement of certain pre-established performance criteria, as certified by the Issuer's Compensation Committee.

5. Unless earlier forfeited, each PSU vests and converts into not more than 200% of one Class A Ordinary Share of the Issuer no later than January 30, 2029, unless such date falls on a non-business date, in which case the next business date shall apply.

6. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of the grant, April 1, 2023.

7. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of the grant, April 1, 2024.

8. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of the grant, April 1, 2025.

	/s/ Douglas Barry, Attorney-in-Fact	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did Kiniksa (KNSA) CEO Sanj K. Patel receive?

Sanj K. Patel received 120,150 share options at $48.13, 30,050 Restricted Share Units, and 60,100 Performance Share Units. These awards vest over several years, linking his compensation to long-term service and, for PSUs, to meeting specified performance goals.

How do the new KNSA option grants to the CEO vest over time?

The 120,150 options vest 25% on the first anniversary of the April 1, 2026 vesting commencement date, then in 36 equal monthly installments. This schedule gradually delivers exercisable options over four years, aligning the CEO’s incentives with the company’s multi-year performance.

What are the terms of the Kiniksa (KNSA) performance share units granted?

Each of the 60,100 Performance Share Units can convert into up to 200% of one Class A Ordinary Share based on pre-established performance criteria. They vest and convert no later than January 30, 2029, once the compensation committee certifies performance results.

Were any Kiniksa (KNSA) shares sold by the CEO in this Form 4?

No open-market sales were reported. Instead, 10,313 Class A Ordinary Shares held by The Patel Family Irrevocable Trust of 2025 were delivered at $48.13 per share to satisfy tax obligations, a tax-withholding disposition rather than a discretionary market sale.

How many Kiniksa (KNSA) shares does the Patel Family Irrevocable Trust hold after these transactions?

Following RSU conversions and tax withholding, The Patel Family Irrevocable Trust of 2025 holds 71,014 Class A Ordinary Shares. Additional indirect holdings include 109,795 shares in The Marina 2016 Irrevocable Trust and 51,794 shares in The Anglia 2013 Revocable Trust.

What RSU grants did Kiniksa (KNSA) disclose for its CEO in this filing?

The filing shows a new grant of 30,050 Restricted Share Units vesting over four years from April 1, 2026. It also references prior RSU grants from 2023, 2024, and 2025, each vesting 25% annually over four years from their respective grant dates.