Kura Oncology insider files Form 144 for 36,615-share sale on NASDAQ
Rhea-AI Filing Summary
Kura Oncology (KURA) Form 144 notice reports a proposed sale of 36,615 shares of common stock, to be executed on 09/29/2025 on NASDAQ through Morgan Stanley Smith Barney LLC. The shares were acquired as PSUs from the issuer on 09/27/2025 and carry an aggregate market value of $331,365.75 based on the filing. The filing states there were no securities sold by the reporting person in the prior three months.
The notice includes the standard representation that the seller does not possess any undisclosed material adverse information about the issuer and references Rule 10b5-1 plan disclosure as applicable. No other financial results, holdings, or related-party details are provided in the document.
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Insights
TL;DR: Routine insider sale of PSUs, small relative to outstanding shares, procedural filing under Rule 144.
The Form 144 documents a planned market sale of 36,615 common shares acquired as performance stock units two days earlier. The trade is being routed through Morgan Stanley Smith Barney LLC and values the position at $331,365.75. Given total shares outstanding of 87,015,518 reported in the filing, the sale represents a very small fraction of the companys equity. The filing contains the usual attestations about material nonpublic information and notes no prior sales in the last three months, indicating this is a discrete, permitted disposition rather than part of a larger recent selling pattern.
TL;DR: Compliance-focused disclosure; indicates adherence to Rule 144 procedures and standard insider representations.
The notice shows the reporting individual is complying with Rule 144 reporting requirements for an off-market sale of shares received as PSUs. The inclusion of acquisition and payment dates, broker details, and the sellers signature attestation align with regulatory expectations. Absence of prior three-month sales simplifies aggregation rules. The filing does not provide any governance issues or indications of broader insider selling.