Krystal Biotech (KRYS) EVP and general counsel sells 642 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krystal Biotech, Inc. executive vice president and general counsel Thomas John Charles sold 642 shares of common stock in an open-market transaction. The shares were sold at an average price of $302.03 per share on May 26, 2026, and his directly held common stock position reported in this filing is now zero shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 23, 2026, which is scheduled to run through December 31, 2026 unless it terminates earlier under its terms.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 642 shares ($193,903)
Net Sell
1 txn
Insider
Thomas John Charles
Role
EVP, General Counsel
Sold
642 shs ($194K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 642 | $302.03 | $194K |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 642 shares
Sale price: $302.03 per share
Direct holdings after sale: 0 shares
+2 more
5 metrics
Shares sold
642 shares
Open-market sale of common stock on May 26, 2026
Sale price
$302.03 per share
Average sale price for 642 common shares
Direct holdings after sale
0 shares
Total common stock directly owned following transaction
10b5-1 plan adoption date
February 23, 2026
Date Rule 10b5-1 trading plan was adopted
10b5-1 plan end date
December 31, 2026
Scheduled termination date unless earlier under plan terms
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did KRYS executive Thomas John Charles report?
Thomas John Charles reported selling 642 shares of Krystal Biotech common stock. The open-market sale occurred on May 26, 2026 at an average price of $302.03 per share, fully eliminating the directly held common stock position shown in this Form 4.
Does the KRYS Form 4 show any remaining direct holdings for Thomas John Charles?
The Form 4 reports zero shares of Krystal Biotech common stock directly owned following the transaction. The filing only discloses this direct holding figure and does not list any remaining derivative positions for the reporting person in the derivative summary section.
Was the KRYS insider sale by Thomas John Charles under a Rule 10b5-1 plan?
Yes. The filing states the sales were executed under a Rule 10b5-1 trading plan adopted on February 23, 2026. The plan is scheduled to terminate on December 31, 2026, or earlier if all covered shares are sold or other plan conditions are met.
What role does Thomas John Charles hold at Krystal Biotech (KRYS)?
Thomas John Charles is listed as an officer of Krystal Biotech, serving as executive vice president and general counsel. His Form 4 filing reports an open-market sale of 642 shares of the company’s common stock under a pre-arranged Rule 10b5-1 trading plan.