Kymera (KYMR) Form 144 Files Proposed 79,220-Share Sale
Rhea-AI Filing Summary
Form 144 filed for Kymera Therapeutics, Inc. (KYMR) reporting a proposed sale of 79,220 shares of common stock through Morgan Stanley Smith Barney LLC on 09/17/2025. The filing shows the shares were acquired the same day by exercise of stock options from the issuer and were paid in cash. The aggregate market value of the shares at the proposed sale is reported as $3,864,351.60 and the company has 71,497,597 shares outstanding per the form. No other securities sales in the past three months are reported and the filer certifies they do not possess undisclosed material adverse information.
Positive
- Transaction fully disclosed: filing specifies acquisition method, payment, broker, proposed sale date and aggregate market value
- Payment in cash: the securities were acquired by exercise of options and paid for in cash on the acquisition date
- No recent sales: the filer reports "Nothing to Report" for securities sold during the past three months
Negative
- None.
Insights
TL;DR Insider exercised stock options and intends to sell 79,220 shares worth $3.86M; transaction appears routine and disclosed.
The filing documents a same-day acquisition and proposed sale of common stock by exercise of stock options with cash payment. The position size represents a small portion of the reported outstanding shares (79,220 of 71,497,597). The disclosure aligns with standard Rule 144 reporting requirements and includes broker details (Morgan Stanley Smith Barney LLC) and the proposed sale date. There are no reported sales in the prior three months. From a financial perspective, this is a transparent, routine liquidity event rather than an operational development.
TL;DR The Form 144 provides required insider-sale disclosure: option exercise then proposed sale, with certification about material non-public information.
The notice contains the essential governance-related elements: nature of acquisition (exercise of stock options), payment method (cash), broker information, and the filer’s representation about non-public material information. The filing does not identify the selling person's name or relationship in the provided text, and it does not report any contemporaneous sales within the prior three months. This meets the procedural filing standard under Rule 144 but includes limited identifying detail in the excerpt provided.