Kymera (KYMR) CEO exercises options and sells 30K shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kymera Therapeutics CEO Nello Mainolfi reported a combination of option exercises and share sales on 2026-02-25. He exercised stock options for 30,000 shares at an exercise price of $2.08 per share, converting a derivative award into common stock.
On the same day he sold a total of 30,000 shares of common stock in open-market transactions at weighted average prices within disclosed ranges between $89.16 and $93.15 per share, pursuant to a pre-established Rule 10b5-1 trading plan dated September 6, 2024. After these transactions, he directly owned 666,195 shares of Kymera common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares ($2,707,813)
Net Sell
7 txns
Insider
Mainolfi Nello
Role
Chief Executive Officer
Sold
30,000 shs ($2.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 30,000 | $0.00 | -- |
| Exercise | Common Stock | 30,000 | $2.08 | $62K |
| Sale | Common Stock | 19,764 | $89.78 | $1.77M |
| Sale | Common Stock | 5,434 | $90.39 | $491K |
| Sale | Common Stock | 3,293 | $91.76 | $302K |
| Sale | Common Stock | 1,501 | $92.81 | $139K |
| Sale | Common Stock | 8 | $93.49 | $747.92 |
Holdings After Transaction:
Stock Option (Right to Buy) — 245,559 shares (Direct);
Common Stock — 696,195 shares (Direct)
Footnotes (1)
- These transactions were effected pursuant to a Rule 10b5-1 trading plan dated September 6, 2024 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 $89.16 to $90.14, 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 $90.16 to $90.83, 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 $91.295 to $92.03, 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 $92.20 to $93.15, 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 shares underlying this stock option are fully vested and exercisable.
FAQ
What did Kymera (KYMR) CEO Nello Mainolfi report in this Form 4?
Nello Mainolfi reported exercising options and selling shares of Kymera common stock. He exercised stock options for 30,000 shares and sold 30,000 shares in open-market trades, all on February 25, 2026, under a pre-set Rule 10b5-1 trading plan.
What stock option activity did Kymera (KYMR) disclose for its CEO?
Kymera disclosed that its CEO exercised stock options covering 30,000 shares of common stock. These options had an exercise price of $2.08 per share, were fully vested and exercisable, and the exercise converted the derivative award into directly held Kymera common shares on February 25, 2026.
Was the Kymera (KYMR) CEO’s stock sale part of a trading plan?
Yes, the filing states the transactions were made under a Rule 10b5-1 trading plan. This plan was adopted on September 6, 2024, allowing pre-arranged trades to execute automatically, which can help separate personal trading decisions from day-to-day corporate developments.
What do the weighted average price footnotes mean in the Kymera (KYMR) Form 4?
The footnotes explain that reported sale prices are weighted averages across multiple trades. Individual shares were sold in separate transactions within specified ranges, such as $89.16–$90.14 or $92.20–$93.15, and detailed trade-by-trade pricing is available upon request from the CEO or issuer.