Kiniksa (KNSA) CMO exercises 2,497 RSUs; 1,208 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals’ chief medical officer John F. Paolini exercised 2,497 Restricted Share Units into Class A Ordinary Shares on April 7, 2026. Of these shares, 1,208 were withheld at $48.94 per share to cover tax obligations, and he now directly holds 65,623 Class A Ordinary Shares. The RSUs come from a grant that vests over four years, with 25% vesting on each anniversary of the April 7, 2022 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,497 shares exercised/converted
Mixed
3 txns
Insider
Paolini John F.
Role
CHIEF MEDICAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,497 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 2,497 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Share | 1,208 | $48.94 | $59K |
Holdings After Transaction:
Restricted Share Unit — 0 shares (Direct);
Class A Ordinary Share — 66,831 shares (Direct)
Footnotes (1)
- Each Restricted Share Unit (RSU) represents a contingent right to receive one Class A Ordinary Share of the Issuer. The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary of the date of grant, April 7, 2022.
Key Figures
RSUs exercised: 2,497 units
Shares withheld for taxes: 1,208 shares
Tax withholding price: $48.94 per share
+2 more
5 metrics
RSUs exercised
2,497 units
Converted into Class A Ordinary Shares on April 7, 2026
Shares withheld for taxes
1,208 shares
Tax-withholding disposition at $48.94 per share
Tax withholding price
$48.94 per share
Price used for 1,208 withheld Class A Ordinary Shares
Shares owned after transaction
65,623 shares
Direct Class A Ordinary Share holdings post-transaction
RSU vesting schedule
25% per year over 4 years
From grant date April 7, 2022
Key Terms
Restricted Share Unit, Class A Ordinary Share, tax-withholding disposition, Exercise or conversion of derivative security, +1 more
5 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
vesting financial
"The RSUs vest over a four-year period, with 25% of the RSUs vesting on each yearly anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Kiniksa (KNSA) report for John F. Paolini?
Kiniksa’s chief medical officer John F. Paolini exercised 2,497 Restricted Share Units into Class A Ordinary Shares on April 7, 2026. The filing also shows a related tax-withholding share disposition and his updated share ownership balance after these transactions.
How many Kiniksa (KNSA) RSUs did John F. Paolini convert and into what?
Paolini converted 2,497 Restricted Share Units, each representing a right to receive one Class A Ordinary Share. This derivative exercise turned his RSU award into common equity, increasing his direct share holdings before accounting for tax-withholding share transfers.
What is the vesting schedule of John F. Paolini’s Kiniksa (KNSA) RSUs?
The RSUs vest over a four-year period, with 25% of the units vesting on each yearly anniversary of the April 7, 2022 grant date. This schedule means the award delivers Class A Ordinary Shares gradually rather than all at once, aligning with long-term service.
Are John F. Paolini’s Kiniksa (KNSA) transactions open-market buys or routine compensation events?
The transactions reflect routine compensation events: an RSU conversion coded as a derivative exercise and a tax-withholding disposition. No open-market purchases or sales are reported, indicating the activity is tied to equity award settlement rather than discretionary trading.