Kiniksa (KNSA) director exercises options and sells 2,800 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc director Quart Barry D reported option exercises and share sales in February 2026 under a pre‑arranged Rule 10b5‑1 trading plan executed on September 11, 2025.
On February 10 and February 12, Barry exercised share options at an exercise price of $15.47 per Class A ordinary share and immediately sold the resulting shares in open-market transactions at $45 per share. Across both dates, 2,800 Class A ordinary shares were sold while maintaining 12,546 Class A ordinary shares held directly after the reported transactions. The options involved were fully vested and exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,800 shares ($126,000)
Net Sell
6 txns
Insider
Quart Barry D
Role
Director
Sold
2,800 shs ($126K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option | 2,690 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 2,690 | $15.47 | $42K |
| Sale | Class A Ordinary Share | 2,690 | $45.00 | $121K |
| Exercise | Share Option | 110 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 110 | $15.47 | $2K |
| Sale | Class A Ordinary Share | 110 | $45.00 | $5K |
Holdings After Transaction:
Share Option — 0 shares (Direct);
Class A Ordinary Share — 15,236 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 plan executed by the reporting person on September 11, 2025. The option is fully vested and exercisable.
FAQ
What insider transactions did KNSA director Quart Barry D report?
Director Quart Barry D exercised options and sold Kiniksa Class A ordinary shares. He exercised options at $15.47 per share and sold 2,800 shares at $45 per share in open-market trades, all under a pre-arranged Rule 10b5-1 trading plan.
What options did the KNSA director exercise in February 2026?
The director exercised share options for 2,800 Kiniksa Class A ordinary shares. These options had an exercise price of $15.47 per share, were fully vested and exercisable, and are scheduled to expire on May 28, 2029, according to the derivative securities table.
Were KNSA director trades made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan. This plan was executed by the reporting person on September 11, 2025, providing a pre-arranged framework for the option exercises and subsequent share sales reported.
What is the relationship of the reporting person to KNSA?
The reporting person, Quart Barry D, is identified as a director of Kiniksa Pharmaceuticals International, plc. The Form 4 indicates he is not a 10% owner or officer, and the reported transactions involve his direct beneficial ownership of Class A ordinary shares and options.