Korro Bio (KRRO) grants 21,482 RSUs to finance executive, vesting in 2026
Rhea-AI Filing Summary
Korro Bio reported an insider equity award to its Senior Vice President, Finance. On December 15, 2025, the officer received 21,482 shares of common stock issuable upon settlement of a restricted stock unit (RSU) grant at a reported price of $0.00 per share under the company’s 2023 Stock Option and Incentive Plan.
The RSUs will vest in two equal installments: 50% on June 15, 2026 and 50% on December 15, 2026, provided the officer maintains a continuous Service Relationship as defined in the plan through each vesting date. Following this grant, the reporting person beneficially owns 21,482 shares of Korro Bio common stock issuable upon RSU settlement, held directly.
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FAQ
What insider transaction did Korro Bio (KRRO) disclose in this filing?
Korro Bio disclosed that its Senior Vice President, Finance received a grant of 21,482 restricted stock units (RSUs), reported as common stock issuable upon settlement at a price of $0.00 per share.
When do the 21,482 RSUs granted by Korro Bio (KRRO) vest?
The RSUs will vest in two equal tranches: 50% on June 15, 2026 and 50% on December 15, 2026, subject to the officer maintaining a continuous Service Relationship through each date.
What plan governs the RSU grant reported by Korro Bio (KRRO)?
The 21,482 RSUs were granted under Korro Bio’s 2023 Stock Option and Incentive Plan, referred to in the filing as the 2023 Plan.
How many securities does the Korro Bio (KRRO) officer beneficially own after this RSU grant?
After the reported transaction, the officer beneficially owns 21,482 shares of Korro Bio common stock issuable upon settlement of RSUs, held in direct ownership.
Is the Korro Bio (KRRO) RSU grant subject to any service conditions?
Yes. The RSUs will vest only if the reporting person maintains a continuous Service Relationship, as defined in the 2023 Plan, through each vesting date in 2026.
Was the Korro Bio (KRRO) RSU grant reported as a purchase or a grant?
The transaction was coded as an acquisition ("A") of common stock issuable upon RSU settlement at a $0.00 price, indicating an equity grant rather than a market purchase.