Nkarta (NKTX) CEO reports 1,776-share tax-related sale, holds 390,247 shares
Rhea-AI Filing Summary
Nkarta, Inc. Chief Executive Officer Paul J. Hastings reported an open-market sale of 1,776 shares of common stock at $2.71 per share. According to the disclosure, these shares were sold to satisfy tax withholding obligations tied to vesting and settlement of Restricted Stock Units and were not a discretionary trade. After this transaction, Hastings directly holds 390,247 shares of Nkarta common stock, which includes 2,000 shares acquired under the company’s 2020 Employee Stock Purchase Plan on May 31, 2026.
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Insights
CEO’s reported sale is small, tax-driven, and routine in nature.
The CEO of Nkarta, Inc., Paul J. Hastings, reported selling 1,776 shares of common stock at $2.71 per share. A footnote explains the sale was solely to cover tax withholding obligations from Restricted Stock Unit vesting, indicating a mechanical transaction rather than an active portfolio decision.
The filing shows Hastings still directly holds 390,247 shares, including 2,000 shares acquired through the 2020 Employee Stock Purchase Plan on May 31, 2026. Given the small number of shares involved relative to his holdings and the tax-driven nature, this event is typically viewed as routine and carries limited informational value about his view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,776 | $2.71 | $5K |
Footnotes (1)
- Represents shares sold to satisfy tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units and does not represent a discretionary transaction by the Reporting Person. Includes 2,000 shares acquired under the Issuer's 2020 Employee Stock Purchase Plan on May 31, 2026.