Kiniksa (KNSA) CFO receives new options, RSUs and PSUs in 2026 award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc reported that Chief Financial Officer Mark Ragosa received new equity awards and saw prior awards vest into shares. On April 1, 2026, he was granted 31,150 share options with an exercise price of $48.13 per share, vesting over four years, and expiring in 2036.
He also received 7,800 Restricted Share Units and 15,600 Performance Share Units, each tied to one Class A Ordinary Share, with PSUs payable based on performance and eligible to convert into up to 200% of one share by January 30, 2029. Existing RSUs vested into 5,187 Class A Ordinary Shares, of which 2,510 shares were withheld at $48.13 per share to cover tax obligations, leaving Ragosa holding 14,763 Class A Ordinary Shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,187 shares exercised/converted
Mixed
8 txns
Insider
Ragosa Mark
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option | 31,150 | $0.00 | -- |
| Grant/Award | Restricted Share Unit | 7,800 | $0.00 | -- |
| Grant/Award | Performance Share Unit | 15,600 | $0.00 | -- |
| Exercise | Restricted Share Unit | 1,750 | $0.00 | -- |
| Exercise | Restricted Share Unit | 1,591 | $0.00 | -- |
| Exercise | Restricted Share Unit | 1,846 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 5,187 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Share | 2,510 | $48.13 | $121K |
Holdings After Transaction:
Share Option — 31,150 shares (Direct);
Restricted Share Unit — 7,800 shares (Direct);
Performance Share Unit — 15,600 shares (Direct);
Class A Ordinary Share — 17,273 shares (Direct)
Footnotes (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 April1, 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 size: 31,150 options at $48.13/share
Restricted Share Units granted: 7,800 RSUs
Performance Share Units granted: 15,600 PSUs
+3 more
6 metrics
Option grant size
31,150 options at $48.13/share
Granted to CFO on April 1, 2026; expire March 31, 2036
Restricted Share Units granted
7,800 RSUs
Each RSU equals one Class A Ordinary Share; vest over four years from April 1, 2026
Performance Share Units granted
15,600 PSUs
Contingent on performance; each may convert into not more than 200% of one share by January 30, 2029
Shares from RSU vesting
5,187 Class A Ordinary Shares
Acquired via RSU exercises on April 1, 2026
Shares withheld for taxes
2,510 shares at $48.13
Withheld to cover tax liability on April 1, 2026 equity vesting
Shares held after transactions
14,763 Class A Ordinary Shares
Direct holdings by CFO following April 1, 2026 transactions
Key Terms
Restricted Share Unit, Performance Share Unit, contingent right
3 terms
contingent right financial
"represents a contingent right to receive one Class A Ordinary Share of the Issuer"
FAQ
What equity awards did Kiniksa (KNSA) CFO Mark Ragosa receive?
On April 1, 2026, CFO Mark Ragosa received 31,150 share options at a $48.13 exercise price, 7,800 Restricted Share Units, and 15,600 Performance Share Units. These awards vest over several years and are tied to Kiniksa Class A Ordinary Shares as long-term compensation.
How do the new Kiniksa (KNSA) stock options granted to the CFO vest?
The 31,150 stock options vest 25% on the first anniversary of the April 1, 2026 vesting commencement date, then in 36 equal monthly installments. This schedule spreads vesting over four years, aligning the CFO’s incentives with longer-term Kiniksa performance and share value.