Kura Oncology Legal Chief Sells 8,442 Shares
A development milestone was determined to have been met on September 27, 2026, resulting in vesting of part of the PSU award.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Kura Oncology, Inc. Chief Legal Officer Teresa Brophy Bair sold 8,442 common shares at $10.4973 per share on September 28, 2026, leaving her with 187,002 shares held directly. The sale was reported as a sell-to-cover for taxes associated with vesting 1/6th of the shares underlying performance-based restricted stock units granted May 31, 2023. The transaction was reported under a Rule 10b5-1 trading plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 8,442 | $10.4973 | $89K |
Footnotes (1)
- F1. Sell-to-cover for taxes associated with the vesting of 1/6th of the underlying shares of performance-based restricted stock units ("PSUs") granted to the Reporting Person on May 31, 2023. Each PSU represents the contingent right to receive one share of the Issuer's common stock based on the achievement of each of three specified development milestones, and the one-year anniversary of each milestone achievement, subject to the Reporting Person's continuous service on each corresponding vesting date. The one-year anniversary of the specified development milestone was determined to be met on September 27, 2026, resulting in the vesting of 1/6th of the underlying shares.
Key Figures
Key Terms
Sell-to-cover financial
performance-based restricted stock units financial
vesting financial
FAQ
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What triggered Teresa Brophy Bair's KURA PSU vesting?
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