Korro Bio grants 7,500 RSUs to COO Chappell
Chappell Todd reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Chappell Todd reported acquisition or exercise transactions in this Form 4 filing.
Korro Bio, Inc. reported that Chief Operating Officer Todd Chappell received a grant of restricted stock units representing 7,500 shares of common stock under its 2023 Stock Option and Incentive Plan. These RSUs vest 50% on July 15, 2027 and 50% on July 15, 2028, subject to a continuous Service Relationship.
After this award, Chappell beneficially owns 24,464 shares of common stock, including 17,566 shares underlying unvested RSUs scheduled to vest in 2026, 2027 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 7,500 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares of common stock issuable upon settlement of a restricted stock unit (RSU) granted under the Issuer's 2023 Stock Option and Incentive Plan (the 2023 Plan) that will vest as follows: 50% on July 15, 2027 and 50% on July 15, 2028, in each case subject to the reporting person maintaining a continuous Service Relationship (as defined in the 2023 Plan) through each such date.
- F2. Includes 17,566 shares of common stock issuable upon settlement of restricted stock units (RSUs) that remain unvested, consisting of 10,066 shares that will vest on December 15, 2026, 3,750 shares that will vest on July 15, 2027, and 3,750 shares that will vest on July 15, 2028, in each case subject to the reporting person maintaining a continuous Service Relationship (as defined in the 2023 Plan) through each such date.
Key Figures
Key Terms
restricted stock unit (RSU) financial
2023 Stock Option and Incentive Plan financial
Service Relationship financial
FAQ
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What insider equity award did Korro Bio (KRRO) grant to Todd Chappell?
When will Todd Chappell's 7,500 RSUs at Korro Bio (KRRO) vest?
How many unvested RSUs does Todd Chappell hold in Korro Bio (KRRO) and what is their vesting schedule?
Was Todd Chappell’s Korro Bio (KRRO) equity grant made under a Rule 10b5-1 trading plan?
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