Korro Bio (KRRO) CSO sells 3,418 shares to cover RSU taxes
Rhea-AI Filing Summary
Korro Bio, Inc. Chief Scientific Officer Vincent Loic A reported a sale of 3,418 shares of common stock 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 from vesting of a restricted stock unit granted under the 2023 Stock Option and Incentive Plan.
After this tax-related transaction, he holds 18,297 shares of common stock, including 10,858 shares issuable upon settlement of an RSU that is scheduled to vest on December 15, 2026, subject to continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,418 shares
Net Sell
1 txn
Insider
Vincent Loic A
Role
Chief Scientific Officer
Sold
3,418 shs ($37K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,418 | $10.83 | $37K |
Holdings After Transaction:
Common Stock — 18,297 shares (Direct)
Footnotes (3)
- F1. 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).
- F2. 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.
- F3. Includes 10,858 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: 3,418 shares
Weighted-average sale price: $10.83 per share
Shares held after transaction: 18,297 shares
+1 more
4 metrics
Shares sold
3,418 shares
Mandatory sale to satisfy tax withholding obligations from RSU vesting
Weighted-average sale price
$10.83 per share
Open-market transactions ranging from $10.58 to $11.35
Shares held after transaction
18,297 shares
Total Korro Bio common stock held directly after tax-related sale
Unvested RSU shares
10,858 shares
RSU under 2023 Plan scheduled to vest on December 15, 2026
Key Terms
restricted stock unit (RSU), 2023 Stock Option and Incentive Plan, weighted-average price, Service Relationship
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
"restricted stock unit (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. The shares were sold in multiple transactions"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
Service Relationship financial
"will vest on December 15, 2026 subject to the reporting person maintaining a continuous Service Relationship"
FAQ
Was the Korro Bio (KRRO) insider sale a discretionary transaction?
No. The filing states the 3,418 shares sold by Chief Scientific Officer Vincent Loic A were a mandatory sale solely to satisfy tax withholding obligations triggered by vesting of a restricted stock unit granted under Korro Bio’s 2023 Stock Option and Incentive Plan.
What future vesting is disclosed for the Korro Bio (KRRO) Chief Scientific Officer's RSUs?
The filing notes that 10,858 shares of Korro Bio common stock are issuable upon settlement of a restricted stock unit. This RSU grant will vest on December 15, 2026, provided the Chief Scientific Officer maintains a continuous service relationship with the company through that date.
AI-generated analysis. How Rhea-AI works. Not financial advice.