Kymera (KYMR) COO sells 22,240 shares after exercising options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kymera Therapeutics, Inc. Chief Operating Officer Jeremy G. Chadwick reported a series of option exercises and related stock sales in Kymera common stock. He exercised stock options covering 22,240 shares at an exercise price of $29.64 per share on March 31 and April 1, 2026, converting derivative positions into common shares.
On the same dates, he sold 22,240 shares of common stock in open-market transactions at weighted average prices between $85.02 and $85.97 per share, pursuant to a pre-established Rule 10b5-1 trading plan dated December 10, 2025. Following these transactions, he directly owns 61,202 shares of Kymera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 22,240 shares ($1,900,048)
Net Sell
7 txns
Insider
Chadwick Jeremy G
Role
Chief Operating Officer
Sold
22,240 shs ($1.90M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 14,640 | $0.00 | -- |
| Exercise | Common Stock | 14,640 | $29.64 | $434K |
| Sale | Common Stock | 13,540 | $85.4144 | $1.16M |
| Sale | Common Stock | 1,100 | $86.05 | $95K |
| Exercise | Stock Option (Right to Buy) | 7,600 | $0.00 | -- |
| Exercise | Common Stock | 7,600 | $29.64 | $225K |
| Sale | Common Stock | 7,600 | $85.3792 | $649K |
Holdings After Transaction:
Stock Option (Right to Buy) — 68,633 shares (Direct);
Common Stock — 75,842 shares (Direct)
Footnotes (1)
- These transactions were effected pursuant to a Rule 10b5-1 trading plan dated December 10, 2025 adopted by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.02 to $85.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.97, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Twenty-five percent (25%) of the shares underlying this stock option vested on May 22, 2024 and the remaining shares shall vest in equal monthly installments over the remaining thirty-six (36) months, subject to the reporting person's continued employment through each vesting date.
Key Figures
Shares exercised: 22,240 shares
Exercise price: $29.64 per share
Shares sold: 22,240 shares
+4 more
7 metrics
Shares exercised
22,240 shares
Stock option exercises on March 31 and April 1, 2026
Exercise price
$29.64 per share
Stock options on Kymera common stock
Shares sold
22,240 shares
Open-market sales on March 31 and April 1, 2026
Sale prices
$85.02–$85.97 per share
Weighted average price ranges disclosed in footnotes
Shares held after transactions
61,202 shares
Direct ownership of Kymera common stock following April 1, 2026
Option expiration
May 22, 2033
Expiration date for the reported stock options
Option vesting start
May 22, 2024
25% of option vested then; remainder monthly over 36 months
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), Exercise or conversion of derivative security, +2 more
6 terms
Rule 10b5-1 trading plan financial
"These transactions were effected pursuant to a Rule 10b5-1 trading plan dated December 10, 2025"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
vesting financial
"shares underlying this stock option vested on May 22, 2024 and the remaining shares shall vest in equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Kymera (KYMR) COO Jeremy Chadwick report?
Kymera COO Jeremy Chadwick exercised stock options for 22,240 shares and sold 22,240 common shares. The trades occurred on March 31 and April 1, 2026, converting options into stock and then liquidating an equivalent number of shares in open-market transactions.
Were the Kymera (KYMR) COO’s stock sales under a Rule 10b5-1 plan?
Yes. The filing states the transactions were executed under a Rule 10b5-1 trading plan dated December 10, 2025. Such plans are pre-arranged schedules for trading, designed to allow insiders to sell shares over time under predetermined instructions.
What was the exercise price of the Kymera (KYMR) stock options?
The exercised Kymera stock options had an exercise price of $29.64 per share. The COO converted options into 22,240 common shares at this price across March 31 and April 1, 2026, before selling an equivalent number of shares in the open market.