Kiora (NASDAQ: KPRX) executive uses 929 shares to satisfy tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiora Pharmaceuticals Chief Development Officer Eric Joseph Daniels reported a tax-related share disposition. On the transaction date, 929 shares of Kiora Pharmaceuticals common stock were withheld at $1.95 per share to cover tax obligations. After this non-open-market tax-withholding disposition, Daniels directly held 31,741 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Daniels Eric Joseph
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 929 | $1.95 | $2K |
Holdings After Transaction:
Common Stock — 31,741 shares (Direct)
Footnotes (1)
Key Figures
Shares used for tax withholding: 929 shares
Tax-withholding share price: $1.95 per share
Shares held after transaction: 31,741 shares
3 metrics
Shares used for tax withholding
929 shares
Tax-withholding disposition of common stock
Tax-withholding share price
$1.95 per share
Value used for 929-share tax disposition
Shares held after transaction
31,741 shares
Direct common stock ownership after Form 4 event
Key Terms
tax-withholding disposition, Common Stock, non-derivative, Form 4
4 terms
tax-withholding disposition financial
"transaction_action": "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
""security_title": "Common Stock""
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.
non-derivative financial
""transaction_type": "non-derivative""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What did KPRX officer Eric Joseph Daniels report in this Form 4?
Eric Joseph Daniels reported a tax-withholding disposition of Kiora Pharmaceuticals shares. The filing shows 929 shares of common stock were delivered to satisfy tax obligations, rather than sold on the open market, and he continued to hold 31,741 shares afterward.
Is the KPRX Form 4 a market sale or tax-withholding event?
The KPRX Form 4 reflects a tax-withholding event, not a market sale. Code F indicates payment of tax liability by delivering securities, meaning shares were withheld by the issuer rather than sold through open-market trading.
What does transaction code F mean in the KPRX Form 4 filing?
Transaction code F indicates a tax-withholding disposition of shares. In this Kiora Pharmaceuticals Form 4, it reflects payment of a tax liability by delivering 929 common shares, rather than executing a standard open-market buy or sell trade.