Stoke Therapeutics (STOK) director share sale tied to taxes
Rhea-AI Filing Summary
Stoke Therapeutics, Inc. (STOK) reported insider activity by director Edward M. Kaye, MD. On August 14, 2026, he exercised 26,250 performance stock units, receiving an equal number of common shares and reducing that PSU award to 0. On August 18, 2026, a total of 12,567 common shares were sold in open-market transactions at weighted average prices of $32.01 and $32.47 per share, in each case as an issuer-mandated sale to satisfy tax withholding liabilities related to equity vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Kaye Edward M. MD
Role
Director
Sold
12,567 shs ($403K)
Approx. gross sale proceeds
$403K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 11,930 | $32.0072 | $382K |
| Sale | Common Stock F1, F3 | 637 | $32.4681 | $21K |
| Exercise | Performance Stock Units F4, F5 | 26,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 26,250 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Units — 0 shares (Direct);
Common Stock — 124,557 shares (Direct)
Footnotes (5)
- F1. The reported transaction represents an Issuer mandated sale to satisfy tax withholding liabilities in connection with the vesting and settlement of restricted stock units.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.40 to $32.36 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnote 3 of this Form 4.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.44 to $32.54 per share, inclusive.
- F4. Each performance stock unit represents a right to receive one share of the Issuer's common stock.
- F5. Achievement of this performance stock unit award was certified on August 14, 2025. Pursuant to the terms of the award agreement between the reporting person and the Issuer, half the award vested on August 14, 2025 and the remainder vests on August 14, 2026, subject to the reporting person's continued service to the Issuer on the relevant vesting date.
Key Figures
Common shares sold (first block): 11,930 shares
Sale price range (first block): $31.40–$32.36 per share
Common shares sold (second block): 637 shares
+3 more
6 metrics
Common shares sold (first block)
11,930 shares
Common Stock sale on August 18, 2026 at weighted average $32.0072 per share
Sale price range (first block)
$31.40–$32.36 per share
Price range for 11,930 shares sold in multiple transactions
Common shares sold (second block)
637 shares
Common Stock sale on August 18, 2026 at weighted average $32.4681 per share
Sale price range (second block)
$32.44–$32.54 per share
Price range for 637 shares sold in multiple transactions
PSUs exercised
26,250 units
Performance stock units exercised into 26,250 shares of common stock on August 14, 2026
Net shares sold
12,567 shares
Net sell volume across reported sale transactions, per transaction summary
Key Terms
performance stock unit, weighted average price, tax withholding liabilities, vesting and settlement, +1 more
5 terms
performance stock unit financial
"Each performance stock unit represents a right to receive one share"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
weighted average price financial
"The reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding liabilities financial
"sale to satisfy tax withholding liabilities in connection with the vesting"
vesting and settlement financial
"in connection with the vesting and settlement of restricted stock units"
continued service financial
"remainder vests on August 14, 2026, subject to the reporting person's continued service"
FAQ
What insider transactions did STOK director Edward M. Kaye report on this Form 4?
Edward M. Kaye reported exercise of 26,250 performance stock units into common stock on August 14, 2026 and sales of 12,567 common shares on August 18, 2026. The sales were linked to tax withholding obligations from equity vesting.
What happened to Edward M. Kaye’s performance stock units in Stoke Therapeutics (STOK)?
He exercised 26,250 performance stock units, each convertible into one share of common stock, on August 14, 2026. After this exercise, the reported balance of that specific PSU award is 0 units, reflecting full settlement of the award.
How are the weighted average prices for the STOK sales described in the Form 4?
The filing notes the reported prices are weighted average prices. For 11,930 shares, trades ranged from $31.40–$32.36 per share; for 637 shares, trades ranged from $32.44–$32.54 per share, with full breakdowns available on request.
What vesting terms are disclosed for the Stoke Therapeutics (STOK) performance stock unit award?
The company certified achievement of the PSU award on August 14, 2025. According to the award terms, half vested on August 14, 2025 and the remaining half vests on August 14, 2026, subject to continued service with the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.