Korro Bio (NASDAQ: KRRO) discloses 41,902-share RSU grant to its General Counsel
Rhea-AI Filing Summary
Korro Bio, Inc. reported an equity award to its General Counsel in an insider ownership filing. Officer Jeffrey Cerio acquired 41,902 shares of common stock at a price of $0.00, reflecting a grant tied to restricted stock units under the company’s 2023 Stock Option and Incentive Plan.
The filing explains that these shares are issuable upon settlement of a restricted stock unit (RSU) award that will vest in two equal installments: 50% on June 15, 2026 and 50% on December 15, 2026, if he maintains a continuous service relationship through each vesting date. After this grant, he is shown as beneficially owning 41,902 shares directly.
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FAQ
What insider transaction did Korro Bio (KRRO) disclose in this filing?
Korro Bio disclosed that its General Counsel, Jeffrey Cerio, acquired 41,902 shares of common stock at a price of $0.00 through an equity award.
Who is the reporting person in the Korro Bio (KRRO) insider filing and what is their role?
The reporting person is Jeffrey Cerio, who serves as an officer of Korro Bio with the title of General Counsel.
When did the reported Korro Bio (KRRO) equity transaction occur?
The earliest transaction date reported for the equity grant is December 15, 2025.
How many Korro Bio (KRRO) shares does the General Counsel beneficially own after this grant?
Following the reported transaction, the filing shows the General Counsel beneficially owning 41,902 shares of common stock directly.
How do the Korro Bio (KRRO) restricted stock units granted to the General Counsel vest?
The restricted stock units are scheduled to vest 50% on June 15, 2026 and 50% on December 15, 2026, conditioned on maintaining a continuous service relationship through each date.
Under which equity plan were the Korro Bio (KRRO) restricted stock units granted?
The RSU award was granted under Korro Bio’s 2023 Stock Option and Incentive Plan, referred to in the filing as the 2023 Plan.