Kymera officer plans sale of 6,371 shares
Officer Brian Adams filed a Form 144 to sell 6,371 Kymera shares from recently vested RSUs to cover tax withholding obligations.
Rhea-AI Filing Summary
Kymera Therapeutics, Inc. (KYMR) is the issuer for a Form 144 notice filed for the potential sale of up to 6,371 shares of its common stock for the account of officer Brian Adams. The shares were acquired on September 3, 2026 upon vesting of Restricted Stock Units under Kymera’s 2020 Equity Incentive Plan.
The notice states that the sales are intended to cover tax withholding obligations related to the RSU vesting, will be executed through Morgan Stanley Smith Barney LLC, and were automatic transactions intended to qualify under Rule 10b5-1.
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Key Figures
Shares to be sold: 6,371 shares
Aggregate market value: 747,191
Proposed sale date: September 4, 2026
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4 metrics
Shares to be sold
6,371 shares
Maximum Kymera common shares covered by the Form 144 notice
Aggregate market value
747,191
Aggregate market value associated with the 6,371 shares to be sold
Proposed sale date
September 4, 2026
Date listed for the sale of Kymera common stock
Acquisition date
September 3, 2026
Date shares were acquired upon vesting of Restricted Stock Units
Key Terms
Rule 144, Restricted Stock Units, Rule 10b5-1, Equity Incentive Plan
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Shares acquired upon vesting of Restricted Stock Units awarded under the Issuer's 2020"
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.
Rule 10b5-1 regulatory
"These sales were automatic and intended to qualify under Rule 10b5-1."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Equity Incentive Plan financial
"awarded under the Issuer's 2020 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What does Kymera Therapeutics (KYMR) disclose in this Form 144 filing?
The filing discloses a notice for the potential sale of 6,371 shares of Kymera common stock for officer Brian Adams, relating to shares acquired from vested RSUs under the company’s 2020 Equity Incentive Plan, primarily to cover tax withholding obligations.
What type of security is being sold in the Kymera (KYMR) Form 144 filing?
The Form 144 relates to sales of Common Stock of Kymera Therapeutics, Inc., listed on NASDAQ. The shares were acquired upon vesting of Restricted Stock Units under the issuer’s 2020 Equity Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.