Kura Oncology (NASDAQ: KURA) CMO sells 84,929 shares in trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kura Oncology, Inc. Chief Medical Officer Mollie Leoni sold 84,929 shares of common stock in an open-market transaction on June 18, 2026 at a weighted average price of $9.8233 per share. The trades were executed in multiple lots at prices ranging from $9.56 to $9.98.
The shares sold had been acquired upon vesting of restricted stock units and performance restricted stock units between January 26, 2022 and January 26, 2026. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on March 19, 2026. Following this transaction, Leoni directly holds 182,345 Kura Oncology shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 84,929 shares ($834,283)
Net Sell
1 txn
Insider
Leoni Mollie
Role
Chief Medical Officer
Sold
84,929 shs ($834K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 84,929 | $9.8233 | $834K |
Holdings After Transaction:
Common Stock — 182,345 shares (Direct, null)
Footnotes (1)
- The shares sold were acquired by the Reporting Person upon vesting of restricted stock units and performance restricted stock units during the period from January 26, 2022 through January 26, 2026. The sales reported herein were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 19, 2026. This transaction was executed in multiple trades at prices ranging from $9.56 to $9.98. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold: 84,929 shares
Weighted average sale price: $9.8233 per share
Post-transaction holdings: 182,345 shares
+3 more
6 metrics
Shares sold
84,929 shares
Common stock sold on June 18, 2026
Weighted average sale price
$9.8233 per share
Open-market sale on June 18, 2026
Post-transaction holdings
182,345 shares
Direct ownership after June 18, 2026 sale
Trade price range
$9.56–$9.98 per share
Multiple trades comprising reported sale
10b5-1 plan adoption date
March 19, 2026
Rule 10b5-1 trading plan for the sale
Award vesting period
Jan 26, 2022–Jan 26, 2026
Period when RSUs and PRSUs vested
Key Terms
Rule 10b5-1 trading plan, restricted stock units, performance restricted stock units, weighted average sale price
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported herein were effected 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.
restricted stock units financial
"The shares sold were acquired ... upon vesting of restricted stock units and performance restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance restricted stock units financial
"upon vesting of restricted stock units and performance restricted stock units during the period"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
FAQ
What insider transaction did Kura Oncology (KURA) report for Mollie Leoni?
Kura Oncology reported that Chief Medical Officer Mollie Leoni sold 84,929 shares of common stock in an open-market transaction on June 18, 2026, at a weighted average price of $9.8233 per share, and now directly holds 182,345 shares afterward.
Were the Kura Oncology (KURA) insider sales under a Rule 10b5-1 plan?
Yes. The Form 4 states that Mollie Leoni’s sales were executed under a Rule 10b5-1 trading plan adopted on March 19, 2026. Such plans pre-schedule trades, indicating the timing was arranged in advance rather than decided spontaneously.