Nektar Therapeutics (NKTR) exec sells shares only to cover taxes
Rhea-AI Filing Summary
NEKTAR THERAPEUTICS (NKTR) reported that Chief R&D Officer Jonathan Zalevsky sold 186 shares of common stock on August 18, 2026 at a weighted-average price of $71.98 per share. The sale was made solely to cover required tax withholding upon RSU vesting and is not a discretionary trade. After this sale, he holds 9,570 shares of NKTR common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 186 shares
Net Sell
1 txn
Insider
Zalevsky Jonathan
Role
Chief R&D Officer
Sold
186 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 186 | $71.98 | $13K |
Holdings After Transaction:
Common Stock — 9,570 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares sold by the reporting person to cover required tax withholding obligations in connection with the vesting of the RSUs held by the reporting person and does not represent a discretionary trade by the reporting person.
- F2. This transaction was executed in multiple trades at prices ranging from $71.78 to $72.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and the prices at which the transactions were effected upon the request to the SEC staff, the Issuer, or a security holder of the Issuer.
Key Figures
Shares sold: 186 shares
Weighted average sale price: $71.98 per share
Shares following transaction: 9,570 shares
+1 more
4 metrics
Shares sold
186 shares
Common stock sale on August 18, 2026 to cover tax withholding
Weighted average sale price
$71.98 per share
Common stock sale on August 18, 2026, with trades from $71.78 to $72.49
Shares following transaction
9,570 shares
Direct NKTR common stock holdings after the reported sale
Net shares sold in filing
186 shares
Net sell direction across all reported transactions
Key Terms
restricted stock units, tax withholding obligations, weighted average sale price
3 terms
restricted stock units financial
"in connection with the vesting of the RSUs held by the reporting person"
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 withholding obligations financial
"shares sold by the reporting person to cover required tax withholding obligations"
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
FAQ
What insider transaction did NKTR report for Jonathan Zalevsky?
Jonathan Zalevsky, Chief R&D Officer of NKTR, reported a sale of 186 shares of common stock on August 18, 2026 at a weighted-average price of $71.98 per share.
Was the August 18, 2026 NKTR stock sale by Jonathan Zalevsky a discretionary trade?
No. The filing states the 186 shares were sold to cover required tax withholding obligations related to vesting RSUs and "does not represent a discretionary trade" by Jonathan Zalevsky.
What price was received in the NKTR insider sale on August 18, 2026?
The reported price is a weighted average sale price of $71.98 per share, with individual trade prices ranging from $71.78 to $72.49.
Was the NKTR insider transaction executed under a Rule 10b5-1 trading plan?
No. The Rule 10b5-1 checkbox is not marked as being under a plan, and the footnotes describe the sale as covering required tax withholding for RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.