Kiniksa Pharmaceuticals (KNSA) CMO sells 40K shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc Chief Medical Officer John F. Paolini exercised options and sold shares of Class A Ordinary Shares. He exercised a fully vested option for 40,000 Share Options at an exercise price of $10.36 per share, acquiring 40,000 Class A Ordinary Shares on March 2, 2026. That same day, he sold a total of 40,000 Class A Ordinary Shares in open-market transactions at weighted average prices ranging from about $43.555 to $46.09, under a Rule 10b5-1 plan executed on November 18, 2025. After these transactions, he directly holds 61,324 Class A Ordinary Shares and 58,424 Share Options.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares ($1,792,940)
Net Sell
5 txns
Insider
Paolini John F.
Role
CHIEF MEDICAL OFFICER
Sold
40,000 shs ($1.79M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option | 40,000 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 40,000 | $10.36 | $414K |
| Sale | Class A Ordinary Share | 12,063 | $44.20 | $533K |
| Sale | Class A Ordinary Share | 22,223 | $44.88 | $997K |
| Sale | Class A Ordinary Share | 5,714 | $45.92 | $262K |
Holdings After Transaction:
Share Option — 58,424 shares (Direct);
Class A Ordinary Share — 101,324 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 plan executed by the reporting person on November 18, 2025. This transaction was executed in multiple trades through a broker-dealer at prices ranging between $43.555 and $44.55. The price reported in this column reflects a weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price. This transaction was executed in multiple trades through a broker-dealer at prices ranging between $44.555 and $45.49. The price reported in this column reflects a weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price. This transaction was executed in multiple trades through a broker-dealer at prices ranging between $45.56 and $46.09. The price reported in this column reflects a weighted average sales price. Upon request, the reporting person will provide to the SEC staff full information regarding the number of Shares sold at each price. The option is fully vested and exercisable.
FAQ
What insider transactions did Kiniksa (KNSA) report for John F. Paolini?
Kiniksa reported that Chief Medical Officer John F. Paolini exercised 40,000 Share Options and acquired 40,000 Class A Ordinary Shares, then sold 40,000 Class A Ordinary Shares in open-market transactions on March 2, 2026, pursuant to a pre-arranged Rule 10b5-1 trading plan.
What options did the Kiniksa (KNSA) CMO exercise in this Form 4 filing?
He exercised a fully vested and exercisable Share Option for 40,000 shares at an exercise price of $10.36 per share. This exercise converted derivative securities into 40,000 Class A Ordinary Shares before the subsequent open-market sales on March 2, 2026.
Was the Kiniksa (KNSA) insider trading under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan executed by John F. Paolini on November 18, 2025. Such plans pre-schedule trades, helping insiders diversify holdings while following regulatory requirements and internal trading policies.
What is the overall direction of insider activity in this Kiniksa (KNSA) Form 4?
The Form 4 reflects a mix of activities: an option exercise that increased Paolini’s share ownership, followed by open-market sales totaling 40,000 shares. The transaction summary shows a net-sell position based on the balance of shares acquired versus shares sold.