KNSA officer reports 175 RSUs vesting over 4 years; 85 shares sold
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals (KNSA) officer Michael R. Megna reported changes in beneficial ownership on 10/04/2025. The filing shows 175 restricted share units (RSUs) granted (transaction code M) that convert into Class A ordinary shares and vest over four years with 25% vesting each anniversary of the grant date of 10/04/2021. The reporting person also recorded a sale of 85 Class A ordinary shares (transaction code F) at $38.49, leaving 38,101 shares owned after the sale. Following the RSU grant, total beneficial ownership is reported as 38,186 shares. The form was signed by an attorney-in-fact on 10/08/2025.
Positive
- None.
Negative
- None.
Insights
Officer received time‑vested RSUs and completed a small share sale the same day.
The reported 175 RSUs are standard long‑term compensation that vest 25% annually over four years from 10/04/2021, aligning the officer's interests with shareholders through future equity delivery. The filing also notes a contemporaneous disposal of 85 shares at $38.49, reducing direct holdings to 38,101 shares.
Governance risks are routine: the grant is subject to multi‑year vesting and the sale is an ordinary disposal; there are no indications of extraordinary transfers or derivative use. Monitor ongoing vesting anniversaries for incremental share increases and future Section 16 filings within typical reporting timeframes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 175 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 175 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Share | 85 | $38.49 | $3K |
Footnotes (1)
- 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 anniversary of the date of grant, October 4, 2021.