Karyopharm (KPTI) CEO logs PSU vesting and automatic tax-related share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Karyopharm Therapeutics Inc. President and CEO Richard A. Paulson reported routine equity compensation activity. On May 13, 2026, he acquired 4,920 shares of common stock at $0.00 per share from earned performance-based restricted stock units tied to a Phase 3 XPORT-EC-042 clinical milestone. These earned PSUs vested the same day.
On May 14, 2026, Paulson sold 2,203 shares of common stock at $9.50 per share in a broker-assisted transaction under a durable automatic sale instruction plan adopted on June 10, 2021. The footnote states this sale was solely to satisfy withholding tax obligations from the PSU vesting and was not a discretionary trade. After these transactions, he directly held 269,747 shares of Karyopharm common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,203 shares ($20,929)
Net Sell
2 txns
Insider
Paulson Richard A.
Role
President and CEO
Sold
2,203 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,203 | $9.50 | $21K |
| Grant/Award | Common Stock | 4,920 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 269,747 shares (Direct, null)
Footnotes (1)
- Represents the number of shares of the issuer's common stock underlying performance-based restricted stock units ("PSUs") granted in February 2024 that have been earned based on the level of achievement of the clinical milestone for complete enrollment in the Company's Phase 3 XPORT-EC-042 trial, as certified by the issuer's Compensation Committee on May 13, 2026. Each earned PSU represents the contingent right to receive one share of the issuer's common stock upon vesting. The earned PSUs vested on May 13, 2026. This transaction was effected pursuant to a durable automatic sale instruction plan adopted by the reporting person on June 10, 2021, and represents a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of PSUs. The sale does not represent a discretionary trade by the reporting person.
Key Figures
Shares acquired from PSUs: 4,920 shares
Shares sold: 2,203 shares
Sale price per share: $9.50 per share
+3 more
6 metrics
Shares acquired from PSUs
4,920 shares
Earned performance-based restricted stock units vested on May 13, 2026
Shares sold
2,203 shares
Broker-assisted sale on May 14, 2026 to satisfy tax withholding
Sale price per share
$9.50 per share
Price for 2,203-share sale on May 14, 2026
Shares held after transactions
269,747 shares
Directly owned common stock following the May 14, 2026 sale
Automatic plan adoption date
June 10, 2021
Durable automatic sale instruction plan referenced in footnote
Phase 3 trial reference
XPORT-EC-042
Clinical milestone for complete enrollment tied to PSU earning
Key Terms
performance-based restricted stock units, PSUs, durable automatic sale instruction plan, withholding tax liability, +1 more
5 terms
performance-based restricted stock units financial
"Represents the number of shares of the issuer's common stock underlying performance-based restricted stock units ("PSUs") granted in February 2024..."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
PSUs financial
"Each earned PSU represents the contingent right to receive one share of the issuer's common stock upon vesting."
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
durable automatic sale instruction plan financial
"This transaction was effected pursuant to a durable automatic sale instruction plan adopted by the reporting person on June 10, 2021..."
withholding tax liability financial
"represents a broker-assisted sale of shares to satisfy the payment of withholding tax liability incurred upon the vesting of PSUs."
Phase 3 XPORT-EC-042 trial technical
"based on the level of achievement of the clinical milestone for complete enrollment in the Company's Phase 3 XPORT-EC-042 trial..."
FAQ
What did Karyopharm (KPTI) CEO Richard Paulson report in this Form 4?
Richard Paulson reported equity compensation activity, including PSU vesting and a related tax sale. He received 4,920 shares from earned performance-based units and sold 2,203 shares to cover withholding taxes, ending with 269,747 directly held shares.
What milestone triggered the Karyopharm (KPTI) performance-based RSU vesting?
The PSUs vested after achieving a clinical milestone for complete enrollment in Karyopharm’s Phase 3 XPORT-EC-042 trial. The Compensation Committee certified achievement on May 13, 2026, causing 4,920 performance-based restricted stock units to be earned and vest that day.