Kyntra Bio CEO reports tax-withholding share disposition
Sentiment and the balance of points
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Rhea-AI Filing Summary
KYNTRA BIO, INC. CEO Thane Wettig reported routine share updates in a Form 4. The filing shows 198 shares of common stock were disposed of to cover a tax obligation at $6.71 per share when restricted stock units vested, a non‑market transaction. After this withholding, he directly holds 27,005 common shares and has an additional 40 shares reported as indirectly owned through his spouse.
Insights
Filing shows routine tax withholding on vested equity, not an open-market trade.
The Form 4 for KYNTRA BIO, INC. CEO Thane Wettig reports an F-code transaction, meaning shares were withheld to satisfy taxes on vested restricted stock units. This is a mechanical step in equity compensation, not a discretionary buy or sell decision.
The filing shows 198 common shares withheld at $6.71 per share, with 27,005 shares held directly afterward. There is also an indirect holding of 40 shares via his spouse. With no derivative positions listed, this update mainly clarifies current equity ownership rather than signaling a change in sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 198 | $6.71 | $1K |
| holding | Common Stock | -- | -- | -- |
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
Key Terms
restricted stock units financial
tax obligation financial
tax-withholding disposition financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did KYNTRA BIO (KYNB) report for CEO Thane Wettig?
Was the KYNTRA BIO (KYNB) CEO’s Form 4 an open-market sale or purchase?
What does the F-code mean in the KYNTRA BIO (KYNB) Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.