Karyopharm Therapeutics Inc. Insider Trading Activity
Karyopharm Therapeutics EVP & Chief Medical Officer Reshma Rangwala reported routine equity compensation activity.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Karyopharm Therapeutics EVP & Chief Medical Officer Reshma Rangwala reported routine equity compensation activity. On May 13, she acquired 947 shares of common stock at no cost from performance-based restricted stock units that vested after certification of a Phase 3 XPORT-EC-042 enrollment milestone. On May 14, 408 shares were sold at $9.50 per share under a durable automatic sale instruction plan adopted on April 4, 2022, solely to cover withholding tax obligations upon PSU vesting. Following these transactions, she directly holds 56,829 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 408 | $9.50 | $4K |
| Grant/Award | Common Stock | 947 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. This transaction was effected pursuant to a durable automatic sale instruction plan adopted by the reporting person on April 4, 2022, 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
Key Terms
performance-based restricted stock units financial
PSUs financial
Phase 3 XPORT-EC-042 trial technical
Compensation Committee financial
durable automatic sale instruction plan financial
withholding tax liability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Karyopharm (KPTI) report for Reshma Rangwala?
Was the Karyopharm (KPTI) insider sale by Reshma Rangwala discretionary?
What triggered the PSU vesting for Karyopharm (KPTI) insider Reshma Rangwala?
What type of equity award did the Karyopharm (KPTI) insider receive?
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