Kura Oncology officer proposes sale of 20,726 shares
The notice lists an aggregate market value of $224,514.40 and identifies Morgan Stanley Smith Barney LLC as broker.
Rhea-AI Filing Summary
Kura Oncology, Inc. (KURA) lists a proposed sale by officer Francis John Burrows of 20,726 common shares, with an aggregate market value of $224,514.40 and an approximate sale date of September 24, 2026. The notice says the shares were acquired from the issuer through stock option exercise on September 24, 2026, and identifies Morgan Stanley Smith Barney LLC as broker.
Positive
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Negative
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Key Figures
Common shares proposed for sale: 20,726 shares
Aggregate market value: $224,514.40
Shares outstanding: 88,960,619 shares
3 metrics
Common shares proposed for sale
20,726 shares
Approximate sale date: September 24, 2026
Aggregate market value
$224,514.40
For the proposed sale
Shares outstanding
88,960,619 shares
Reported in the securities information
Key Terms
Rule 144, Stock Option Exercise
2 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.
Stock Option Exercise financial
"Nature of acquisition: Stock Option Exercise"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
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