Kiniksa (NASDAQ: KNSA) CFO exercises 2,694 RSUs, covers tax with shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc chief financial officer Mark Ragosa exercised 2,694 Restricted Share Units into Class A Ordinary Shares on April 7, 2026. Each RSU converts into one share and is part of a grant that vests in four equal annual installments starting April 7, 2022.
To cover tax obligations from this vesting, 1,303 Class A Ordinary Shares were withheld at a price of $48.94 per share, rather than sold in the open market. After these compensation-related transactions, Ragosa directly holds 16,154 Class A Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,694 shares exercised/converted
Mixed
3 txns
Insider
Ragosa Mark
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,694 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 2,694 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Share | 1,303 | $48.94 | $64K |
Holdings After Transaction:
Restricted Share Unit — 0 shares (Direct);
Class A Ordinary Share — 17,457 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: 2,694 units
Shares withheld for taxes: 1,303 shares at $48.94
Shares held after transaction: 16,154 shares
+1 more
4 metrics
RSUs exercised
2,694 units
Restricted Share Units converted into Class A Ordinary Shares on April 7, 2026
Shares withheld for taxes
1,303 shares at $48.94
Class A Ordinary Shares withheld to cover tax liability from RSU vesting
Shares held after transaction
16,154 shares
Direct Class A Ordinary Share holdings following RSU exercise and tax withholding
RSU vesting schedule
4 years, 25% annually
RSUs vest each year on the anniversary of April 7, 2022
Key Terms
Restricted Share Unit, tax-withholding disposition, derivative security, Class A Ordinary Share
4 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 1,303 Class A Ordinary Shares"
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What did Kiniksa (KNSA) CFO Mark Ragosa report in this Form 4?
Kiniksa CFO Mark Ragosa exercised 2,694 Restricted Share Units into Class A Ordinary Shares. The transaction reflects routine equity compensation vesting rather than an open-market trade, with part of the shares withheld to satisfy related tax obligations.
How many Kiniksa (KNSA) RSUs vested and were exercised by the CFO?
A total of 2,694 Restricted Share Units vested and were exercised into 2,694 Class A Ordinary Shares. Each RSU represents a contingent right to receive one share, tied to a four-year vesting schedule beginning April 7, 2022.
What is the vesting schedule for the Kiniksa (KNSA) RSUs granted to the CFO?
The Restricted Share Units vest over four years, with 25% of the RSUs vesting on each yearly anniversary of the grant date, April 7, 2022. This structure gradually delivers shares as long-term compensation tied to continued service.