Kyntra Bio CEO has 209 shares withheld for taxes
KYNTRA BIO, INC.’s CEO had shares withheld to cover taxes on RSU vesting, leaving 26,796 direct and 40 indirectly held shares.
Rhea-AI Filing Summary
KYNTRA BIO, INC. (KYNB) reported that CEO and director Thane Wettig26,796 shares directly and 40 shares indirectly through his spouse. No transactions were reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 209 shares
Tax Withholding
2 txns
Insider
Wettig Thane
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 209 | $8.55 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,796 shares (Direct);
Common Stock — 40 shares (Indirect, By spouse)
Footnotes (1)
- F1. Represents shares withheld by the issuer to satisfy a tax obligation realized by the reporting person upon the vesting of restricted stock units
Key Figures
Shares withheld for tax obligation: 209 shares
Withholding reference price: $8.55 per share
Direct holdings after transaction: 26,796 shares
+2 more
5 metrics
Shares withheld for tax obligation
209 shares
Common stock withheld on September 6, 2026 upon RSU vesting
Withholding reference price
$8.55 per share
Value used for 209 withheld shares in tax-liability transaction
Direct holdings after transaction
26,796 shares
Common stock directly owned by CEO after September 6, 2026 event
Indirect holdings after transaction
40 shares
Common stock held indirectly by spouse after the reported event
Rule 10b5-1 plan status
No plan reported
Document-level 10b5-1 checkbox not affirmed for this Form 4
Key Terms
restricted stock units, withheld by the issuer, indirect
3 terms
restricted stock units financial
"tax obligation realized by the reporting person upon the vesting of restricted stock units"
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.
withheld by the issuer financial
"Represents shares withheld by the issuer to satisfy a tax obligation"
indirect financial
"ownership type for 40 shares reported as indirectly held by spouse"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did KYNB CEO Thane Wettig report in this Form 4?
He reported that 209 shares of KYNTRA BIO, INC. common stock were withheld on September 6, 2026 to satisfy a tax obligation arising from the vesting of restricted stock units, with no open-market purchase or sale reported.
Was the KYNB CEO’s Form 4 transaction an open-market sale or purchase?
No. The Form 4 describes the event as shares withheld to satisfy a tax obligation upon vesting of restricted stock units, rather than an open-market sale or purchase of KYNTRA BIO, INC. common stock.
Did KYNB’s CEO use a Rule 10b5-1 trading plan for this transaction?
The filing indicates the Rule 10b5-1 checkbox is not affirmatively checked, and the footnote describes tax withholding on RSU vesting, so no Rule 10b5-1 trading plan is reported for this event.
What indirect ownership in KYNB stock does the CEO report?
The Form 4 includes an indirect holding entry showing 40 shares of KYNTRA BIO, INC. common stock held by spouse, in addition to his directly held shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.