Korro Bio (KRRO) CEO gains 50,000 shares from PSU vesting and RSUs
Rhea-AI Filing Summary
Korro Bio, Inc. President and CEO Ram Aiyar reported an equity award that increased his beneficial holdings. On May 26, 2026, he acquired 50,000 shares of common stock at $12.33 per share, issued upon settlement and vesting of a performance stock unit granted under the company’s 2023 Stock Option and Incentive Plan.
Following this transaction, he beneficially owns 90,000 shares directly, which includes 40,000 shares issuable upon settlement of a previously reported restricted stock unit grant. An additional 4,613 shares are held indirectly by The Ram Aiyar Irrevocable Trust, for which he serves as trustee and disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares
Net Buy
2 txns
Insider
Aiyar Ram
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $12.33 | $617K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 90,000 shares (Direct);
Common Stock — 4,613 shares (Indirect, Shares are held by The Ram Aiyar Irrevocable Trust.)
Footnotes (3)
- F1. Represents shares of common stock issued upon settlement and vesting of a performance stock unit (PSU) granted under the Issuer's 2023 Stock Option and Incentive Plan (the 2023 Plan) that vested and settled upon achievement of the performance condition on May 26, 2026.
- F2. Includes 40,000 shares of common stock issuable upon settlement of a restricted stock unit granted under the 2023 Plan as reported on Form 4 dated February 3, 2026.
- F3. Shares held by The Ram Aiyar Irrevocable Trust, for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Shares acquired via PSU vesting: 50,000 shares
Recorded transaction price: $12.33 per share
Direct beneficial holdings after transaction: 90,000 shares
+3 more
6 metrics
Shares acquired via PSU vesting
50,000 shares
Common Stock issued upon PSU settlement on May 26, 2026
Recorded transaction price
$12.33 per share
Price per share for 50,000-share non-derivative acquisition
Direct beneficial holdings after transaction
90,000 shares
Includes 40,000 shares issuable upon RSU settlement
RSU-linked shares included in total
40,000 shares
Common stock issuable upon settlement of restricted stock unit
Indirect trust holdings
4,613 shares
Common Stock held by The Ram Aiyar Irrevocable Trust
Acquire-type transactions in this filing
1 transaction
Grant/award acquisition in transaction summary
Key Terms
performance stock unit (PSU), restricted stock unit, 2023 Stock Option and Incentive Plan, pecuniary interest, +1 more
5 terms
performance stock unit (PSU) financial
"Represents shares of common stock issued upon settlement and vesting of a performance stock unit (PSU) granted under the Issuer's 2023 Stock Option and Incentive Plan"
restricted stock unit financial
"Includes 40,000 shares of common stock issuable upon settlement of a restricted stock unit granted under the 2023 Plan"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
2023 Stock Option and Incentive Plan financial
"granted under the Issuer's 2023 Stock Option and Incentive Plan (the 2023 Plan)"
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Korro Bio (KRRO) CEO Ram Aiyar report in this Form 4?
Ram Aiyar reported acquiring 50,000 Korro Bio common shares through performance stock unit vesting. These shares were issued under the 2023 Stock Option and Incentive Plan after a performance condition was achieved on May 26, 2026, increasing his reported beneficial holdings.