Karyopharm (NASDAQ: KPTI) EVP sells shares for tax withholding
Rhea-AI Filing Summary
Karyopharm Therapeutics EVP & Chief Commercial Officer Sohanya Roshan Cheng reported an open-market sale of 4,604 shares of common stock at $9.4095 per share. This broker-assisted sale was executed under a durable automatic sale instruction plan to cover withholding taxes on vested restricted stock units and was not a discretionary trade. After the transaction, Cheng directly holds 107,317 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,604 shares
Net Sell
1 txn
Insider
Cheng Sohanya Roshan
Role
EVP & Chief Commercial Officer
Sold
4,604 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,604 | $9.4095 | $43K |
Holdings After Transaction:
Common Stock — 107,317 shares (Direct)
Footnotes (1)
- F1. This transaction was effected pursuant to a durable automatic sale instruction plan adopted by the reporting person on June 7, 2022, and represents a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of restricted stock units. The sale does not represent a discretionary trade by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Karyopharm Therapeutics (KPTI) report on this Form 4?
Karyopharm Therapeutics reported that EVP & Chief Commercial Officer Sohanya Roshan Cheng sold 4,604 shares of common stock at $9.4095 per share. The transaction was a broker-assisted open-market sale related to tax withholding on vested restricted stock units.