Kura Oncology Medical Chief Sells 28,802 Shares
The chief medical officer's September 28 sale covered taxes tied to vesting one-sixth of performance-based restricted stock units after a milestone was determined to have been met.
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Rhea-AI Filing Summary
Kura Oncology, Inc.'s Chief Medical Officer, Mollie Leoni, reported direct sales of 12,448 common shares at $10.4973 per share on September 28, 2026, and 28,802 shares at a weighted average $10.7481 per share on September 29, 2026. The September 28 sale covered taxes tied to vesting one-sixth of the underlying performance-based restricted stock units after a development milestone was determined to have been met on September 27, 2026. The September 29 sale was made under a Rule 10b5-1 trading plan adopted on March 19, 2026; trades ranged from $10.53 to $10.89.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 28,802 | $10.7481 | $310K |
| Sale | Common Stock F1 | 12,448 | $10.4973 | $131K |
Footnotes (3)
- 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.
- F2. The shares sold were acquired by the Reporting Person upon vesting of performance restricted stock units on September 27, 2026. The sales reported herein were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 19, 2026.
- F3. This transaction was executed in multiple trades at prices ranging from $10.53 to $10.89. 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
Key Terms
performance-based restricted stock units financial
sell-to-cover financial
Rule 10b5-1 trading plan financial
weighted average sale price financial
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