Kura Oncology (KURA) COO reports PSU vesting and tax share sale
Rhea-AI Filing Summary
Kura Oncology, Inc. (KURA) reported an insider equity transaction by its Chief Operating Officer. On 11/13/2025, the officer acquired 48,900 shares of common stock at $0, reflecting the vesting of performance-based restricted stock units after a development milestone was achieved. On 11/14/2025, 6,902 shares were sold at $11.1769 in a sell-to-cover transaction for taxes tied to this vesting. Following these transactions, the officer directly beneficially owned 105,373 shares of Kura Oncology common stock.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,902 | $11.1769 | $77K |
| Grant/Award | Common Stock | 48,900 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did Kura Oncology (KURA) report in this Form 4?
The Chief Operating Officer reported the vesting of performance-based restricted stock units resulting in the acquisition of 48,900 shares of common stock on 11/13/2025, followed by a sale of 6,902 shares on 11/14/2025 to cover taxes.
What triggered the vesting of Kura Oncology performance-based RSUs in this filing?
The vesting occurred because the performance criteria for one specified development milestone were determined to be met on November 13, 2025, causing 1/6th of the underlying performance-based restricted stock units granted on May 31, 2023 to vest.
What type of equity award is involved in this Kura Oncology insider transaction?
The transaction involves performance-based restricted stock units (PSUs), where each PSU represents the contingent right to receive one share of Kura Oncology common stock upon achieving specified development milestones and related vesting dates.
What role does the reporting person hold at Kura Oncology (KURA)?
The reporting person is an officer of Kura Oncology, serving as the company’s Chief Operating Officer.