Kiniksa (KNSA) CAO nets shares after 3,932 RSUs vest and 1,666 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc chief accounting officer Michael R. Megna exercised restricted share units and had shares withheld for taxes. On this date, 3,932 Restricted Share Units converted into 3,932 Class A Ordinary Shares. Of these, 1,666 shares were disposed of to cover tax obligations at a price of $48.94 per share, a non-market tax-withholding transaction. After these compensation-related events, Megna directly held 34,043 Class A Ordinary Shares. The RSUs vest over four years, with 25% vesting on each yearly anniversary of the April 7, 2022 grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,932 shares exercised/converted
Mixed
3 txns
Insider
Megna Michael R
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 3,932 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 3,932 | $1.00 | $4K |
| Tax Withholding | Class A Ordinary Share | 1,666 | $48.94 | $82K |
Holdings After Transaction:
Restricted Share Unit — 0 shares (Direct);
Class A Ordinary Share — 35,709 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: 3,932 units
Shares withheld for taxes: 1,666 shares at $48.94
Shares held after transaction: 34,043 shares
+1 more
4 metrics
RSUs exercised
3,932 units
Restricted Share Units converting into Class A Ordinary Shares on April 7, 2026
Shares withheld for taxes
1,666 shares at $48.94
Tax-withholding disposition of Class A Ordinary Shares
Shares held after transaction
34,043 shares
Direct Class A Ordinary Share holdings following the reported transactions
RSU vesting pattern
25% per year over 4 years
RSUs granted April 7, 2022 vest annually in four equal installments
Key Terms
Restricted Share Unit, tax-withholding disposition, Class A Ordinary Share
3 terms
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
FAQ
What insider transaction did Kiniksa (KNSA) report for Michael R. Megna?
Kiniksa reported that chief accounting officer Michael R. Megna exercised 3,932 Restricted Share Units into 3,932 Class A Ordinary Shares. As part of this compensation event, 1,666 shares were withheld to cover tax obligations, leaving him with 34,043 Class A Ordinary Shares held directly.
Were the KNSA insider transactions open-market buys or sells?
The reported KNSA insider activity was not open-market trading. It reflects a derivative exercise where 3,932 Restricted Share Units converted into shares, and 1,666 shares were disposed of as a tax-withholding transaction, rather than discretionary market purchases or sales of the company’s stock.
At what prices were the KNSA insider transactions recorded in this filing?
The RSU conversion itself is shown at $0.00 per unit, with the resulting Class A Ordinary Shares recorded at $1.00 per share. The 1,666 shares withheld for tax obligations are reported at a price of $48.94 per share, reflecting the value used for the tax-withholding disposition.