Karyopharm (KPTI) EVP earns PSU shares, sells 324 to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Karyopharm Therapeutics EVP & Chief Commercial Officer Sohanya Roshan Cheng reported two transactions in common stock. On May 13, 2026, she acquired 947 shares at no cost from performance-based restricted stock units earned after a clinical enrollment milestone in the Phase 3 XPORT-EC-042 trial was certified. On May 14, 2026, she sold 324 shares at $9.50 per share in a broker-assisted transaction under a durable automatic sale instruction plan to cover withholding tax from the PSU vesting, described as non-discretionary. Following these transactions, she directly owns 107,940 shares of Karyopharm common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 324 shares ($3,078)
Net Sell
2 txns
Insider
Cheng Sohanya Roshan
Role
EVP & Chief Commercial Officer
Sold
324 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 324 | $9.50 | $3K |
| Grant/Award | Common Stock | 947 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 107,940 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. 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 PSUs. The sale does not represent a discretionary trade by the reporting person.
Key Figures
Shares sold: 324 shares
Sale price: $9.50 per share
Shares acquired from PSUs: 947 shares
+2 more
5 metrics
Shares sold
324 shares
Open-market sale on May 14, 2026 at $9.50 per share
Sale price
$9.50 per share
Broker-assisted sale of 324 shares on May 14, 2026
Shares acquired from PSUs
947 shares
PSU award earned and granted on May 13, 2026
Post-transaction holdings
107,940 shares
Direct ownership after May 14, 2026 sale
Net shares sold
324 shares
Net buy/sell shares reported for this Form 4
Key Terms
performance-based restricted stock units, durable automatic sale instruction plan, withholding tax liability, Phase 3 XPORT-EC-042 trial
4 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.
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 7, 2022"
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 insider transactions did Karyopharm (KPTI) EVP Sohanya Roshan Cheng report?
She reported two transactions: an acquisition of 947 shares of Karyopharm common stock from vested performance-based RSUs on May 13, 2026, and a sale of 324 shares at $9.50 per share on May 14, 2026.
What triggered the PSU vesting for Karyopharm (KPTI) executive Sohanya Roshan Cheng?
The performance-based RSUs vested after achievement of a clinical milestone for complete enrollment in Karyopharm’s Phase 3 XPORT-EC-042 trial, which the company’s Compensation Committee certified on May 13, 2026, leading to the 947-share award.
Were the Karyopharm (KPTI) insider sales by Sohanya Roshan Cheng part of a trading plan?
Yes. The filing explains the 324-share sale was completed under a durable automatic sale instruction plan adopted on June 7, 2022, specifically to cover tax withholding from PSU vesting, and is described as non-discretionary.