Kymera Therapeutics (KYMR) CBO trades shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Kymera Therapeutics Chief Business Officer Noah Goodman exercised stock options and sold shares in a planned series of transactions. On April 9, he exercised options to acquire 2,500 shares of common stock at an exercise price of $21.05 per share and continued to hold 97,500 options afterward. He then sold a total of 10,264 shares of common stock on April 9 and 10 in open-market transactions at weighted average prices around the mid-$80s to high-$80s. Footnotes state that some shares were sold automatically to cover tax withholding on vested RSUs and that the trades were made under a Rule 10b5-1 trading plan dated December 10, 2025. Following these transactions, he directly holds 51,542.438 shares of Kymera common stock.
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Insights
Routine option exercise plus pre-planned, partly tax-driven sales; insider retains a sizable equity stake.
Chief Business Officer Noah Goodman exercised stock options for 2,500 shares of Kymera Therapeutics common stock at an exercise price of $21.05 per share, while 97,500 options remain outstanding. This converts a portion of his derivative compensation into outright share ownership.
He then sold 10,264 shares in open-market trades at weighted average prices in the mid-$80s to high-$80s, with sales on April 9–10, 2026. Footnotes explain that some shares were automatically sold to cover tax withholding on RSU vesting and that all transactions occurred under a Rule 10b5-1 trading plan dated December 10, 2025, indicating pre-planned, largely mechanical activity.
After these trades, Goodman still holds 51,542.438 shares directly, alongside 97,500 remaining options. The scale relative to his continuing holdings and the pre-arranged 10b5-1 plan framework suggest these are routine liquidity and tax-management moves rather than a directional call on Kymera’s prospects.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $87.35 | $175K |
| Exercise | Stock Option (Right to Buy) | 2,500 | $0.00 | -- |
| Exercise | Common Stock | 2,500 | $21.05 | $53K |
| Sale | Common Stock | 3,094 | $86.618 | $268K |
| Sale | Common Stock | 2,670 | $87.1109 | $233K |
| Sale | Common Stock | 2,500 | $89.00 | $223K |
Footnotes (1)
- These transactions were effected pursuant to a Rule 10b5-1 trading plan dated December 10, 2025 adopted by the reporting person. Represents shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of RSUs. Such sales were automatic and not in the discretion of 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 $86.005 to $86.935, 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 $87.015 to $87.45, 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 April 8, 2026, with the remainder vesting in thirty-six (36) equal monthly installments thereafter, subject to the reporting person's continued employment through each vesting date.