Kiora (NASDAQ: KPRX) CFO uses 911 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiora Pharmaceuticals CFO Melissa Tosca reported a small insider transaction involving company common stock. On July 1, 2026, 911 shares were disposed of at $2.66 per share as a tax-withholding disposition, meaning shares were delivered to satisfy tax obligations rather than sold on the open market. Following this transaction, Tosca directly holds 26,064 shares of Kiora Pharmaceuticals common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tosca Melissa
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 911 | $2.66 | $2K |
Holdings After Transaction:
Common Stock — 26,064 shares (Direct, null)
Footnotes (1)
Key Figures
Tax-withholding shares: 911 shares
Price per share: $2.66 per share
Shares held after transaction: 26,064 shares
+1 more
4 metrics
Tax-withholding shares
911 shares
Common Stock used for tax-withholding disposition on July 1, 2026
Price per share
$2.66 per share
Value assigned to shares delivered for tax obligations
Shares held after transaction
26,064 shares
Direct Kiora Pharmaceuticals common stock holdings by CFO after Form 4 event
Transaction type
Tax-withholding disposition (Code F)
Payment of tax liability by delivering securities
Key Terms
Form 4, tax-withholding disposition, Common Stock, Payment of exercise price or tax liability by delivering securities
4 terms
Form 4 regulatory
"This is a routine, compensation-related Form 4 event."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"911 shares were disposed of at $2.66 per share as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"911 Kiora Pharmaceuticals common shares were delivered at $2.66 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Payment of exercise price or tax liability by delivering securities financial
"categorized as payment of a tax liability by delivering securities instead of a traditional market sale"
FAQ
What insider transaction did KPRX CFO Melissa Tosca report?
Melissa Tosca reported a tax-related share disposition. On July 1, 2026, 911 Kiora Pharmaceuticals common shares were delivered at $2.66 per share to cover tax obligations, rather than sold in an open-market trade. This is a routine, compensation-related Form 4 event.
Was the KPRX Form 4 transaction an open-market sale or a tax withholding?
The transaction was a tax-withholding disposition, not an open-market sale. The Form 4 describes the code F event as payment of a tax liability by delivering 911 Kiora Pharmaceuticals shares at $2.66 per share.
What does transaction code F mean in the KPRX Form 4 filing?
Code F indicates a tax-withholding or exercise-price payment. In this case, 911 Kiora Pharmaceuticals common shares were delivered at $2.66 each to satisfy tax obligations, rather than reflecting a discretionary buy or sell in the open market.