Kura Oncology insider Form 4 shows 82,500-share PSU vesting
Rhea-AI Filing Summary
Kura Oncology, Inc. reported an insider equity transaction by its Chief Medical Officer, Mollie Leoni. On 11/13/2025 she acquired 82,500 shares of common stock at a reported price of $0 following the vesting of performance-based restricted stock units tied to a development milestone. On 11/14/2025 she sold 15,485 shares of common stock at $11.1769 per share in a sell-to-cover transaction for taxes related to that vesting. After these transactions, she directly beneficially owned 225,454 shares of Kura Oncology common stock.
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FAQ
What insider transaction did Kura Oncology (KURA) report in this Form 4?
The filing reports that Chief Medical Officer Mollie Leoni acquired 82,500 shares of Kura Oncology common stock on 11/13/2025 from vesting of performance-based restricted stock units and sold 15,485 shares on 11/14/2025.
Why did the Kura Oncology CMO sell 15,485 shares of KURA stock?
The 15,485-share sale was described as a sell-to-cover for taxes associated with the vesting of 1/6th of the underlying shares of performance-based restricted stock units that vested when a specified development milestone was achieved.
At what prices were the Kura Oncology insider transactions reported?
The CMO acquired 82,500 shares of common stock at a reported price of $0 per share upon PSU vesting on 11/13/2025 and sold 15,485 shares at $11.1769 per share on 11/14/2025.
How many Kura Oncology (KURA) shares does the CMO own after these transactions?
Following the reported acquisition and tax-related sale, the Chief Medical Officer beneficially owned 225,454 shares of Kura Oncology common stock in direct ownership.
What triggered the vesting of performance-based restricted stock units at Kura Oncology?
The filing states that the performance criteria for one specified development milestone were met on 11/13/2025, which resulted in the vesting of 1/6th of the underlying shares of performance-based restricted stock units granted on May 31, 2023 and January 2, 2025.
What role does the reporting person hold at Kura Oncology (KURA)?
The reporting person, Mollie Leoni, is identified as an Officer of Kura Oncology and serves as the company’s Chief Medical Officer.