Kiniksa (KNSA) director Quart exercises options, sells 13,099 shares under 10b5-1 plan
Rhea-AI Filing Summary
Kiniksa Pharmaceuticals International, plc director Barry D. Quart executed an option exercise-and-sale transaction in Class A Ordinary Shares. He exercised options to acquire 13,099 shares at $14.33 per share and sold 13,099 shares at a weighted average price of $50.10 under a pre-arranged Rule 10b5-1 plan. The sale occurred in multiple broker-dealer trades between $50.00 and $50.725. After these transactions, he directly holds 12,546 shares and 13,237 remaining share options that are fully vested and exercisable, expiring on June 28, 2031.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 option exercise and sale with modest net share reduction.
Director Barry D. Quart exercised options for 13,099 Class A Ordinary Shares at $14.33 and sold the same number at a weighted average of $50.10. The pattern reflects an exercise-and-sell sequence rather than a fresh open-market purchase.
The filing shows this sale was effected under a pre-established Rule 10b5-1 plan dated September 11, 2025, suggesting a pre-planned liquidity event instead of discretionary timing. Following the transactions, Quart still holds 12,546 shares and 13,237 vested options expiring on June 28, 2031.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Share Option | 13,099 | $0.00 | -- |
| Exercise | Class A Ordinary Share | 13,099 | $14.33 | $188K |
| Sale | Class A Ordinary Share | 13,099 | $50.10 | $656K |
Footnotes (1)
- This transaction was effected pursuant to a 10b5-1 plan executed by the reporting person on September 11, 2025. This transaction was executed in multiple trades through a broker-dealer at prices ranging between $50.00 and $50.725. 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.