Karyopharm officer sells 19 shares at $2.02
Karyopharm’s chief accounting officer reported a small, non-discretionary sale of shares to cover tax withholding tied to vesting equity awards.
Rhea-AI Filing Summary
Karyopharm Therapeutics Inc. (KPTI) disclosed that Chief Accounting Officer Kristin Abate sold 19 shares of common stock on September 1, 2026 at $2.02 per share. According to the disclosure, this broker-assisted sale was made under a durable automatic sale instruction plan to satisfy withholding tax liability from vesting restricted stock units and is described as non-discretionary. After the sale, Abate directly held 23,782 shares of Karyopharm common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 19 shares
Net Sell
1 txn
Insider
Abate Kristin
Role
Chief Accounting Officer
Sold
19 shs ($38.38)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 19 | $2.02 | $38.38 |
Holdings After Transaction:
Common Stock — 23,782 shares (Direct)
Footnotes (1)
- F1. This transaction was effected pursuant to a durable automatic sale instruction plan adopted by the reporting person on May 27, 2021, 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.
Key Figures
Shares sold: 19 shares
Sale price per share: $2.02 per share
Shares held after transaction: 23,782 shares
+1 more
4 metrics
Shares sold
19 shares
Common stock sold on September 1, 2026 by the Chief Accounting Officer
Sale price per share
$2.02 per share
Price for the 19 Karyopharm common shares sold on September 1, 2026
Shares held after transaction
23,782 shares
Direct ownership by the insider following the reported sale
Net shares sold
19 shares
Net change in buy/sell activity reported in this Form 4
Key Terms
durable automatic sale instruction plan, withholding tax liability, restricted stock units, broker-assisted sale
4 terms
durable automatic sale instruction plan financial
"This transaction was effected pursuant to a durable automatic sale instruction plan"
withholding tax liability financial
"to satisfy the payment of withholding tax liability incurred upon the vesting"
restricted stock units financial
"withholding tax liability incurred upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
broker-assisted sale financial
"represents a broker-assisted sale of shares to satisfy the payment"
FAQ
Who is the insider involved in the latest Form 4 for KPTI?
The filing reports a transaction by Kristin Abate, who serves as Chief Accounting Officer of Karyopharm Therapeutics Inc.
What transaction did the KPTI insider report on September 1, 2026?
The insider reported a sale of 19 shares of Karyopharm common stock on September 1, 2026, described as a broker-assisted sale to cover withholding tax liability from vesting restricted stock units.
Was the KPTI insider sale a discretionary trade?
No. The sale is described as made under a durable automatic sale instruction plan and as a non-discretionary transaction executed to satisfy tax withholding obligations.
Did the KPTI Form 4 indicate any Rule 10b5-1 trading plan box as checked?
The document-level Rule 10b5-1 checkbox is not checked, while the footnote states the sale followed a durable automatic sale instruction plan adopted on May 27, 2021.
AI-generated analysis. How Rhea-AI works. Not financial advice.