Crinetics (NASDAQ: CRNX) CSO sells shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crinetics Pharmaceuticals Chief Scientific Officer Stephen F. Betz reported selling a total of 10,612 shares of common stock on March 16, 2026 in open-market transactions. One block of 6,371 shares was sold at a volume-weighted average price of $37.11 per share, and another 4,241 shares at $37.77 per share.
According to the footnotes, these sales were made to cover his tax withholding obligations upon the vesting of previously granted restricted stock units and were executed by a broker under a pre-arranged Rule 10b5-1 trading plan. After these transactions, Betz directly holds 137,101 shares of Crinetics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,612 shares ($396,610)
Net Sell
2 txns
Insider
Betz Stephen F.
Role
Chief Scientific Officer
Sold
10,612 shs ($397K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,371 | $37.11 | $236K |
| Sale | Common Stock | 4,241 | $37.77 | $160K |
Holdings After Transaction:
Common Stock — 141,342 shares (Direct)
Footnotes (1)
- Represents the number of shares of common stock sold by the Issuer to cover the Reporting Person's tax withholding obligation upon the vesting of Restricted Stock Units granted on February 28, 2022, March 1, 2023, March 4, 2024, and February 20, 2025. The disposition reported in this Form 4 was effected by a broker pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the Reporting Person. The common stock was sold in open market transactions on the transaction date, with a volume weighted average sales price of $37.11 per share. The range of sales prices on the transaction date was $36.42 to $37.38 per share. Detailed information on the exact number of shares can be obtained from the Issuer upon request. The common stock was sold in open market transactions on the transaction date, with a volume weighted average sales price of $37.77 per share. The range of sales prices on the transaction date was $37.42 to $38.23 per share. Detailed information on the exact number of shares can be obtained from the Issuer upon request.
FAQ
What insider transaction did CRNX Chief Scientific Officer Stephen Betz report?
Stephen F. Betz reported selling 10,612 shares of Crinetics Pharmaceuticals common stock. The sales occurred on March 16, 2026, in open-market transactions at volume-weighted average prices of $37.11 and $37.77 per share, as disclosed in the Form 4 filing.