KYNTRA BIO (KYNB) CFO has 52 shares withheld to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KYNTRA BIO, INC. Chief Financial Officer David DeLucia reported a routine tax-related share disposition tied to equity compensation. On the reported date, 52 shares of common stock were withheld by the company at a value of $6.71 per share to satisfy a tax obligation that arose when restricted stock units vested. Following this withholding, DeLucia holds 4,377 shares of KYNTRA BIO common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DeLucia David
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 52 | $6.71 | $348.92 |
Holdings After Transaction:
Common Stock — 4,377 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax withholding shares: 52 shares
Withholding share value: $6.71 per share
Post-transaction holdings: 4,377 shares
+1 more
4 metrics
Tax withholding shares
52 shares
Shares withheld to satisfy tax obligation on RSU vesting
Withholding share value
$6.71 per share
Value used for tax withholding on 52 shares
Post-transaction holdings
4,377 shares
Common stock directly held after tax withholding
Tax-withholding transactions
1 transaction, 52 shares
Summary of tax-withholding activity in this Form 4
Key Terms
restricted stock units, tax obligation, Form 4, withheld by the issuer
4 terms
restricted stock units financial
"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.
tax obligation financial
"withheld by the issuer to satisfy a tax obligation"
Form 4 regulatory
"This Form 4 shows a tax-related disposition"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
withheld by the issuer financial
"Represents shares withheld by the issuer to satisfy a tax obligation"
FAQ
What insider transaction did KYNTRA BIO (KYNB) disclose for CFO David DeLucia?
KYNTRA BIO reported that CFO David DeLucia had 52 common shares withheld to cover taxes on vesting restricted stock units. This Form 4 shows a tax-related disposition, not an open-market purchase or sale.