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Krystal Biotech insider plans $9.3M stock sale

An insider filed a Rule 144 notice covering the potential sale of 25,000 Krystal Biotech common shares originally acquired as founder shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Krystal Biotech, Inc. (KRYS) received a Rule 144 notice from insider Krish Krishnan covering a proposed sale of 25,000 shares of common stock through Morgan Stanley Smith Barney LLC. The shares are identified as founders shares that were originally acquired from the issuer on March 31, 2017.

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Proposed shares to be sold 25,000 shares Common stock covered by the Rule 144 notice
Associated dollar amount $9,286,750.00 Dollar figure listed with the 25,000 shares in the securities information section
Founders shares listed for sale 25,000 shares Common stock founders shares in the securities-to-be-sold section
Original acquisition date of founders shares March 31, 2017 Date shown for founders shares acquired from the issuer
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
founders shares financial
"Common | 03/31/2017 | Founders Shares | Issuer"
Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.
aggregate with sales regulatory
"sales are required by paragraph (e) of Rule 144 to be aggregated"

FAQ

What does the Form 144 filing disclose for Krystal Biotech (KRYS)?

The filing discloses that insider Krish Krishnan has notified of a proposed sale of 25,000 shares of Krystal Biotech common stock under Rule 144, with the shares described as founders shares originally acquired from the issuer on March 31, 2017.

How many Krystal Biotech (KRYS) shares are covered by this Rule 144 notice?

The notice covers a proposed sale of 25,000 shares of Krystal Biotech common stock. These shares are listed in the securities information section and again as founders shares in the securities-to-be-sold section.

Who is the insider selling Krystal Biotech (KRYS) shares under Rule 144?

The person for whose account the securities are to be sold is Krish Krishnan. The filing notes that information must also cover other persons whose sales are required to be aggregated under Rule 144 paragraph (e).

What type of Krystal Biotech (KRYS) shares are involved in this Form 144?

The filing relates to common stock of Krystal Biotech. In the securities-to-be-sold section, the 25,000 shares are specifically described as founders shares acquired from the issuer on March 31, 2017.

Which broker is listed for the proposed Krystal Biotech (KRYS) share sale?

The broker listed in connection with the proposed sale is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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