Kura Oncology (KURA) director exercises 10,000 options for shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kura Oncology director Thomas Malley exercised stock options to acquire 10,000 shares of common stock at $3.12 per share. The options were fully vested, and this exercise used his remaining options from that grant, leaving no options from it outstanding. After the transaction, he directly holds 10,000 common shares and indirectly holds 139,557 common shares through Mossrock Capital, LLC, where he serves as President with sole voting and investment power over those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Mixed
3 txns
Insider
Malley Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $3.12 | $31K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 10,000 shares (Direct);
Common Stock — 139,557 shares (Indirect, By Mossrock Capital, LLC)
Footnotes (1)
- Represents stock options exercised. Mr. Malley serves as President of Mossrock Capital, LLC and has sole voting and investment power over these shares. This option is fully vested.
FAQ
What insider transaction did Kura Oncology (KURA) director Thomas Malley report?
Director Thomas Malley reported exercising stock options to acquire 10,000 Kura Oncology common shares at a conversion price of $3.12 per share. This derivative exercise converted a previously held option grant into directly owned common stock.
Was the Kura Oncology Form 4 transaction a stock purchase or an option exercise?
The Form 4 transaction reflects an option exercise, not an open-market stock purchase. Malley exercised fully vested stock options with a $3.12 exercise price to receive 10,000 Kura Oncology common shares, classified as a derivative exercise/conversion under transaction code M.
Does Thomas Malley still hold any Kura Oncology stock options after this exercise?
For the option grant reported, the filing shows zero derivative securities remaining after exercising 10,000 options. This indicates the particular option award referenced in the Form 4 has been fully exercised, with no remaining options from that grant outstanding.
How are Thomas Malley’s indirect Kura Oncology holdings structured?
Malley’s indirect holdings consist of 139,557 Kura Oncology common shares held by Mossrock Capital, LLC. He serves as President of Mossrock Capital and has sole voting and investment power over these shares, so they are reported as indirectly owned on the Form 4.
What does transaction code M mean in the Kura Oncology Form 4?
Transaction code M on the Form 4 indicates the exercise or conversion of a derivative security. In this case, it refers to Malley’s exercise of stock options with a $3.12 exercise price to receive 10,000 Kura Oncology common shares on March 18, 2026.