Korro Bio (KRRO) COO sells 3,168 shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Korro Bio, Inc. Chief Operating Officer Todd Chappell reported the sale of 3,168 shares of common stock on June 16, 2026 at a weighted-average price of $10.83 per share. According to the disclosure, this was a mandatory sale solely to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units granted under the company’s 2023 Stock Option and Incentive Plan. After this tax-related sale, Chappell holds a total of 16,964 shares, which includes 10,066 shares underlying an RSU award scheduled to vest on December 15, 2026, subject to his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,168 shares ($34,309)
Net Sell
1 txn
Insider
Chappell Todd
Role
Chief Operating Officer
Sold
3,168 shs ($34K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,168 | $10.83 | $34K |
Holdings After Transaction:
Common Stock — 16,964 shares (Direct, null)
Footnotes (1)
- Represents the mandatory sale of shares of common stock solely to satisfy tax withholding obligations incurred upon vesting and settlement of a restricted stock unit (RSU) granted under the Issuer's 2023 Stock Option and Incentive Plan (the 2023 Plan). The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $10.58 to $11.35, inclusive. Full information regarding the number of shares sold at each separate price can be provided to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request. Includes 10,066 shares of common stock issuable upon settlement of a RSU granted under the 2023 Plan that will vest on December 15, 2026 subject to the reporting person maintaining a continuous Service Relationship (as defined in the 2023 Plan) through such date.
Key Figures
Shares sold: 3,168 shares
Weighted-average sale price: $10.83 per share
Post-transaction holdings: 16,964 shares
+2 more
5 metrics
Shares sold
3,168 shares
Mandatory sale on June 16, 2026
Weighted-average sale price
$10.83 per share
Common stock sale on June 16, 2026
Post-transaction holdings
16,964 shares
Common stock held after reported transaction
Unvested RSU shares
10,066 shares
RSU scheduled to vest on December 15, 2026
Sale price range
$10.58–$11.35 per share
Multiple trades underlying weighted-average price
Key Terms
restricted stock unit (RSU), 2023 Stock Option and Incentive Plan, weighted-average price, tax withholding obligations
4 terms
restricted stock unit (RSU) financial
"Represents the mandatory sale of shares of common stock solely to satisfy tax withholding obligations incurred upon vesting and settlement of a restricted stock unit (RSU)..."
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
2023 Stock Option and Incentive Plan financial
"...RSU granted under the Issuer's 2023 Stock Option and Incentive Plan (the 2023 Plan)."
weighted-average price financial
"The price reported in Column 4 is a weighted-average price."
tax withholding obligations financial
"...mandatory sale of shares of common stock solely to satisfy tax withholding obligations incurred upon vesting..."
FAQ
What insider transaction did Korro Bio (KRRO) report for Todd Chappell?
Korro Bio reported that COO Todd Chappell had 3,168 shares of common stock sold. The transaction occurred on June 16, 2026 and is reported as an open-market sale in the Form 4 filing.
What future RSU vesting is disclosed for Korro Bio (KRRO) COO Todd Chappell?
The filing states that 10,066 shares of common stock are issuable upon settlement of an RSU. This RSU is scheduled to vest on December 15, 2026, subject to Chappell maintaining a continuous service relationship through that date.