CRISPR (CRSP) GC granted options, RSUs; sells shares for taxes
Rhea-AI Filing Summary
CRISPR Therapeutics AG General Counsel and Secretary James R. Kasinger reported a mix of equity grants, vesting, and a small share sale tied to taxes. He received a stock option for 38,499 Common Shares at an exercise price of $46.24 per share, vesting in 48 equal monthly installments starting on April 20, 2026. He was also granted 25,000 Restricted Stock Units (RSUs) that will vest in four annual installments of 6,250 shares each from March 20, 2027 through March 20, 2030.
On March 20, 2026, 6,250 RSUs from a prior 2024 grant vested and were converted into 6,250 Common Shares. On March 23, 2026, 3,182 Common Shares were sold at $46.78 per share to cover tax withholding obligations under the company’s RSU Settlement Policy, which the footnote states was not a discretionary trade. After these transactions, Kasinger directly held 94,308 Common Shares, which remain subject to a lock-up agreement related to the company’s offering of convertible senior notes due 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 3,182 | $46.78 | $149K |
| Grant/Award | Stock Option (Right to Buy) | 38,499 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 25,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,250 | $0.00 | -- |
| Exercise | Common Shares | 6,250 | $0.00 | -- |
Footnotes (1)
- These shares remain subject to a lock-up agreement with the underwriters of the Issuer's offering of convertible senior notes due 2031. Each restricted stock unit represents a contingent right to receive one share of CRSP Common Shares. Amount reported represents the number of shares required to be sold by the reporting person to cover the tax withholding obligation in connection with the vesting of these restricted stock units. This sale is mandated by the Company's RSU Settlement Policy to fund the tax withholding obligation and does not represent a discretionary trade by the reporting person. This option was granted on March 20, 2026 with respect to 38,499 Common Shares. 100% of the shares will vest in 48 equal monthly installments, with the first vesting date of April 20, 2026. This restricted stock unit award was granted on March 20, 2026 with respect to 25,000 Common Shares, with (i) one quarter of the shares vesting on March 20, 2027 , (ii) one quarter of the shares vesting on March 20, 2028, (iii) one quarter of the shares vesting on March 20, 2029, and (iv) one quarter of the shares vesting on March 20, 2030. This restricted stock unit award was granted on March 20, 2024 with respect to 25,000 Common Shares, with (i) one quarter of the shares vesting on March 20, 2025, (ii) one quarter of the shares vesting on March 20, 2026, (iii) one quarter of the shares vesting on March 20, 2027, and (iv) one quarter of the shares vesting on March 20, 2028.