Kiniksa (KNSA) COO executes RSU exercise and 2,367-share sale under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc chief operating officer Ross Moat reported a series of equity transactions involving Class A Ordinary Shares. On April 7, 2026, he exercised 2,477 Restricted Share Units, receiving an equal number of Class A Ordinary Shares as the RSUs converted one-for-one.
On the same date, 774 shares were disposed of at $48.94 per share to cover tax obligations related to the equity award, a non-market tax-withholding transaction. On April 6, 2026, he completed an open‑market sale of 2,367 Class A Ordinary Shares at $48.58 per share under a pre‑arranged Rule 10b5‑1 trading plan. Following these transactions, he directly holds 12,029 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,367 shares ($114,989)
Net Sell
4 txns
Insider
Moat Ross
Role
CHIEF OPERATING OFFICER
Sold
2,367 shs ($115K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,477 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 2,477 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Share | 774 | $48.94 | $38K |
| Sale | Class A Ordinary Share | 2,367 | $48.58 | $115K |
Holdings After Transaction:
Restricted Share Unit — 0 shares (Direct);
Class A Ordinary Share — 14,506 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 plan executed by the reporting person on November 13, 2024. Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, April 7, 2022.
Key Figures
RSUs exercised: 2,477 units
Tax-withholding shares: 774 shares at $48.94
Open-market sale: 2,367 shares at $48.58
+2 more
5 metrics
RSUs exercised
2,477 units
RSUs converted into Class A Ordinary Shares on April 7, 2026
Tax-withholding shares
774 shares at $48.94
Shares disposed to satisfy tax obligations on April 7, 2026
Open-market sale
2,367 shares at $48.58
Sale of Class A Ordinary Shares on April 6, 2026
Shares held after transactions
12,029 shares
Direct Class A Ordinary Share holdings following reported transactions
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one Class A Ordinary Share of the issuer
Key Terms
Restricted Share Unit, Rule 10b5-1 plan, tax-withholding disposition, derivative exercise/conversion
4 terms
Rule 10b5-1 plan regulatory
"This transaction was effected pursuant to a 10b5-1 plan executed by the reporting person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
FAQ
What insider transactions did Kiniksa (KNSA) COO Ross Moat report?
Ross Moat reported exercising 2,477 RSUs into Class A Ordinary Shares, a tax-withholding disposition of 774 shares, and an open-market sale of 2,367 shares. These transactions reflect compensation-related equity activity combined with a pre-planned share sale.
What equity awards did the Kiniksa (KNSA) COO exercise in this Form 4?
He exercised 2,477 Restricted Share Units, each representing a contingent right to receive one Class A Ordinary Share. The RSUs vest over four years, with 25% vesting on each anniversary of the April 7, 2022 grant date.
What are the Kiniksa (KNSA) COO’s holdings after these transactions?
After completing the exercise, tax withholding, and open-market sale, Ross Moat directly holds 12,029 Class A Ordinary Shares. This post-transaction figure reflects his remaining direct equity stake reported in the Form 4.
Was the Kiniksa (KNSA) insider sale part of a Rule 10b5-1 trading plan?
Yes. A footnote states the transaction was effected under a Rule 10b5-1 plan executed on November 13, 2024. Such plans pre-schedule trades, indicating the timing of the April 6, 2026 sale was determined in advance.