Kiniksa Pharmaceuticals (KNSA) director converts 403 RSUs to shares
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc director Richard S. Levy received an award of 403 Restricted Share Units on August 1, 2026. Each RSU represents a contingent right to receive one Class A Ordinary Share and vested immediately upon grant. The RSUs were then exercised and converted into 403 Class A Ordinary Shares, bringing his direct holdings to 22,359 shares, with no share sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 403 shares
Net Buy
3 txns
Insider
Levy Richard S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Share Units F1, F2 | 403 | $0.00 | $0.00 |
| Exercise | Restricted Share Units F1, F2 | 403 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Share F1 | 403 | -- | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct);
Class A Ordinary Share — 22,359 shares (Direct)
Footnotes (2)
- F1. Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer.
- F2. The RSUs vested immediately upon grant on August 1, 2026; there was no expiration date for the RSUs.
Key Figures
RSUs granted: 403 Restricted Share Units
RSUs converted: 403 Restricted Share Units
Class A Ordinary Shares acquired: 403 shares
+2 more
5 metrics
RSUs granted
403 Restricted Share Units
Award to director Richard S. Levy on August 1, 2026
RSUs converted
403 Restricted Share Units
RSUs exercised and converted into Class A Ordinary Shares on August 1, 2026
Class A Ordinary Shares acquired
403 shares
Shares received upon RSU conversion on August 1, 2026
Shares owned after transaction
22,359 shares
Direct Class A Ordinary Share holdings of Richard S. Levy following the reported transactions
Transaction date
August 1, 2026
Date of RSU grant, vesting, and share issuance
Key Terms
Restricted Share Unit, contingent right, derivative security, Class A Ordinary Share
4 terms
contingent right financial
"Each RSU represents a contingent right to receive one Class A Ordinary Share of the Issuer"
derivative security financial
"Transaction code M is described as an exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KNSA director Richard S. Levy report?
Richard S. Levy reported receiving 403 Restricted Share Units on August 1, 2026, which vested immediately and were exercised into 403 Class A Ordinary Shares. Following this RSU grant and conversion, his direct ownership increased to 22,359 Class A Ordinary Shares.
Did Richard S. Levy’s KNSA RSUs vest immediately or over time?
The 403 RSUs vested immediately upon grant on August 1, 2026. A footnote states that the RSUs vested at grant and had no expiration date, allowing them to be promptly exercised into 403 Class A Ordinary Shares on the same date.
Were Richard S. Levy’s KNSA transactions designated under a Rule 10b5-1 trading plan?
The filing does not designate these transactions as made under a Rule 10b5-1 trading plan. The document-level indicator for an affirmative Rule 10b5-1 plan representation is not marked as true, so the transactions are reported without that plan status.