Kiniksa (KNSA) director Quart exercises options, sells 13,099 shares under 10b5-1 plan
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc director Barry D. Quart executed an option exercise-and-sale transaction in Class A Ordinary Shares. He exercised options to acquire 13,099 shares at $14.33 per share and sold 13,099 shares at a weighted average price of $50.10 under a pre-arranged Rule 10b5-1 plan. The sale occurred in multiple broker-dealer trades between $50.00 and $50.725. After these transactions, he directly holds 12,546 shares and 13,237 remaining share options that are fully vested and exercisable, expiring on June 28, 2031.
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Insights
Routine 10b5-1 option exercise and sale with modest net share reduction.
Director Barry D. Quart exercised options for 13,099 Class A Ordinary Shares at $14.33 and sold the same number at a weighted average of $50.10. The pattern reflects an exercise-and-sell sequence rather than a fresh open-market purchase.
The filing shows this sale was effected under a pre-established Rule 10b5-1 plan dated September 11, 2025, suggesting a pre-planned liquidity event instead of discretionary timing. Following the transactions, Quart still holds 12,546 shares and 13,237 vested options expiring on June 28, 2031.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option | 13,099 | $0.00 | $0.00 |
| Exercise | Class A Ordinary Share | 13,099 | $14.33 | $188K |
| Sale | Class A Ordinary Share | 13,099 | $50.10 | $656K |
Footnotes (3)
- F1. This transaction was effected pursuant to a 10b5-1 plan executed by the reporting person on September 11, 2025.
- F2. This transaction was executed in multiple trades through a broker-dealer at prices ranging between $50.00 and $50.725. The price reported in this column reflects a weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price.
- F3. The option is fully vested and exercisable.
Key Figures
Key Terms
Rule 10b5-1 plan regulatory
weighted average sales price financial
exercise or conversion of derivative security financial
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