Kiniksa (KNSA) CEO Sanj K. Patel exercises options and sells 7,278 shares
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc Chairman & CEO Sanj K. Patel reported multiple equity transactions in the company’s Class A Ordinary Shares. On April 6, 2026, he exercised options for 7,278 shares at $10.36 per share and sold 7,278 shares at a weighted average price of about $50.01 in an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan.
On April 7, 2026, 9,991 Restricted Share Units converted into the same number of Class A Ordinary Shares, credited to The Patel Family Irrevocable Trust of 2025. Of these, 4,831 shares were withheld at $48.94 per share to cover tax obligations, leaving 76,174 shares in that trust. Additional indirect holdings include 109,795 shares in The Marina 2016 Irrevocable Trust and 51,794 shares in The Anglia 2013 Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 9,991 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 9,991 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Share | 4,831 | $48.94 | $236K |
| Exercise | Share Option | 7,278 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 7,278 | $10.36 | $75K |
| Sale | Class A Ordinary Share | 7,278 | $50.01 | $364K |
| holding | Class A Ordinary Share | -- | -- | -- |
| holding | Class A Ordinary Share | -- | -- | -- |
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 plan executed by the reporting person on October 31, 2025. This transaction was executed in multiple trades through a broker-dealer at prices ranging between $50.005 and $50.03. The price reported in this column reflects a weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price. Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer. The option is fully vested and exercisable. The RSUs vest over a four-year period, with 25% of the RSs vesting on the yearly anniversary of the grant date, April 7, 2022.