Kiniksa CEO awarded 120K-share option, RSUs
CEO Sanj K. Patel received new RSU and option grants and exercised prior RSUs into shares largely held through family trusts.
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc (KNSA) reported multiple equity compensation and related transactions for Chairman & CEO Sanj K. Patel on September 1, 2026. He received 30,050 Restricted Share Units and a share option for 120,150 Class A Ordinary Shares at $79.28 per share, both vesting over time. On the same date, previously granted RSUs covering 31,318 shares were exercised into Class A Ordinary Shares, which were acquired indirectly by The Patel Family Irrevocable Trust of 2025, and 15,144 shares were delivered or withheld at $79.28 per share to pay the exercise price or tax liability. Following these and prior transactions, 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
31,318 shares exercised/converted
Exercise
13 txns
Insider
Patel Sanj K
Role
CHAIRMAN & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Unit F1, F2 | 30,050 | $0.00 | $0.00 |
| Grant/Award | Share Option F3 | 120,150 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F1, F4 | 8,609 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F1, F5 | 6,237 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F1, F6 | 6,481 | $0.00 | $0.00 |
| Exercise | Restricted Share Unit F1, F7 | 9,991 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Share F1 | 9,991 | -- | -- |
| Exercise | Class A Ordinary Share F1 | 6,481 | -- | -- |
| Exercise | Class A Ordinary Share F1 | 6,237 | -- | -- |
| Exercise | Class A Ordinary Share F1 | 8,609 | -- | -- |
| Exercise Price or Tax Liability | Class A Ordinary Share | 15,144 | $79.28 | $1.20M |
| holding | Class A Ordinary Share | -- | -- | -- |
| holding | Class A Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 74,832 contracts (Direct);
Share Option — 120,150 contracts (Direct);
Class A Ordinary Share — 92,348 shares (Indirect, Held by The Patel Family Irrevocable Trust of 2025);
Class A Ordinary Share — 109,795 shares (Indirect, Held by The Marina 2016 Irrevocable Trust, u/d/t June 23, 2016);
Class A Ordinary Share — 51,794 shares (Indirect, Held by The Anglia 2013 Revocable Trust, u/d/t August 15, 2013)
Footnotes (7)
- F1. Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer.
- F2. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, September 1, 2026.
- F3. 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 September 1, 2026.
- F4. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, September 1, 2025.
- F5. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, September 1, 2024.
- F6. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, September 1, 2023.
- F7. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, September 1, 2022.
Key Figures
RSU grant: 30,050 RSUs
Option grant shares: 120,150 shares
Option exercise price: $79.28 per share
+4 more
7 metrics
RSU grant
30,050 RSUs
New Restricted Share Unit grant on September 1, 2026
Option grant shares
120,150 shares
New share option for Class A Ordinary Shares on September 1, 2026
Option exercise price
$79.28 per share
Exercise price for the 120,150-share option grant, expiring August 31, 2036
RSUs exercised
31,318 RSUs
Total RSUs exercised into Class A Ordinary Shares on September 1, 2026
Shares delivered/withheld
15,144 shares
Shares used to pay exercise price or tax liability at $79.28 per share
Marina Trust indirect holding
109,795 shares
Class A Ordinary Shares held by The Marina 2016 Irrevocable Trust after reported transactions
Anglia Trust indirect holding
51,794 shares
Class A Ordinary Shares held by The Anglia 2013 Revocable Trust after reported transactions
Key Terms
Restricted Share Unit, Share Option, exercise price, vesting commencement date, +1 more
5 terms
exercise price financial
"Payment of exercise price or tax liability by delivering or withholding securities"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting commencement date financial
"The vesting commencement date is September 1, 2026."
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Irrevocable Trust financial
"Held by The Patel Family Irrevocable Trust of 2025"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
What new equity awards did KNSA grant to CEO Sanj K. Patel on September 1, 2026?
On September 1, 2026, Sanj K. Patel received 30,050 RSUs and a share option for 120,150 Class A Ordinary Shares at $79.28 per share. The RSUs vest 25% annually over four years, and the option vests 25% after one year then in 36 monthly installments.
Is there a Rule 10b5-1 trading plan associated with this KNSA Form 4?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and the footnotes do not describe any Rule 10b5-1 or pre-arranged trading plan for these transactions.
How do the new KNSA RSU grants to Sanj K. Patel vest over time?
The new RSUs granted September 1, 2026 vest over four years, with 25% vesting on each yearly anniversary of the grant date, starting September 1, 2026, subject to the terms described in the award footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
