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.
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.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 25,000 shares
Associated dollar amount: $9,286,750.00
Founders shares listed for sale: 25,000 shares
+1 more
4 metrics
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
Key Terms
Rule 144, founders shares, aggregate with sales
3 terms
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.