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.

Accepted by SEC EDGAR 09/04/2026 - 04:34 PM EDT Learn about SEC filing dates

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.

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.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001298709
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Krystal Biotech, Inc.
SEC File Number	001-38210
Address of Issuer	2100 Wharton Street, Suite 701 Pittsburgh PENNSYLVANIA 15203
Phone	4125865830
Name of Person for Whose Account the Securities are To Be Sold	KRISH KRISHNAN
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director
Relationship to Issuer	Officer
Relationship to Issuer	10% Stockholder

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	25000	9286750.00	29598836	09/04/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/31/2017	Founders Shares	Issuer			25000	03/31/2017	N/A

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	09/04/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/04/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Krish Krishnan
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)