Kymera Therapeutics (KYMR) COO sells 115,977 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kymera Therapeutics Chief Operating Officer Jeremy G. Chadwick reported a series of option exercises and share sales in Kymera Therapeutics, Inc. common stock. He exercised stock options to acquire 109,127 shares at an exercise price of $29.64 per share and then sold 115,977 shares of common stock in multiple open-market transactions at weighted average prices ranging from the mid-$70s to about $80 per share, as detailed in the footnotes. Following these transactions, he directly held 61,202 shares of Kymera common stock. The filing states that these trades were carried out under a pre-arranged Rule 10b5-1 trading plan dated December 10, 2025, indicating they were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 115,977 shares ($9,048,290)
Net Sell
10 txns
Insider
Chadwick Jeremy G
Role
Chief Operating Officer
Sold
115,977 shs ($9.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 24,727 | $0.00 | -- |
| Exercise | Common Stock | 24,727 | $29.64 | $733K |
| Sale | Common Stock | 24,727 | $80.2586 | $1.98M |
| Exercise | Stock Option (Right to Buy) | 84,400 | $0.00 | -- |
| Exercise | Common Stock | 84,400 | $29.64 | $2.50M |
| Sale | Common Stock | 22,756 | $76.7329 | $1.75M |
| Sale | Common Stock | 52,975 | $77.2059 | $4.09M |
| Sale | Common Stock | 8,214 | $78.3967 | $644K |
| Sale | Common Stock | 6,105 | $79.8704 | $488K |
| Sale | Common Stock | 1,200 | $80.05 | $96K |
Holdings After Transaction:
Stock Option (Right to Buy) — 90,873 shares (Direct);
Common Stock — 85,929 shares (Direct)
Footnotes (1)
- These transactions were effected pursuant to a Rule 10b5-1 trading plan dated December 10, 2025 adopted by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.96 to $76,94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.95 to $77.93, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.98 to $78.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.01 to $80.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.86, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Twenty-five percent (25%) of the shares underlying this stock option vested on May 22, 2024 and the remaining shares shall vest in equal monthly installments over the remaining thirty-six (36) months, subject to the reporting person's continued employment through each vesting date.
FAQ
What did Kymera Therapeutics (KYMR) COO Jeremy G. Chadwick report in this Form 4?
He reported exercising stock options to acquire 109,127 Kymera shares at $29.64 and selling 115,977 shares in open-market trades. After these transactions, he directly held 61,202 shares of Kymera common stock.
Were the Kymera Therapeutics (KYMR) COO’s trades made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan dated December 10, 2025. Such plans schedule trades in advance, reducing the significance of short-term market timing by the insider.
What type of securities did the Kymera Therapeutics (KYMR) COO exercise in this Form 4?
He exercised stock options, described as “Stock Option (Right to Buy),” converting derivative rights into 109,127 shares of Kymera common stock at an exercise price of $29.64 per share before selling a portion of those shares.
What vesting information is disclosed about the Kymera Therapeutics (KYMR) stock options?
A footnote explains that 25% of the shares underlying the stock option vested on May 22, 2024, with the remaining shares vesting in equal monthly installments over 36 months, contingent on the COO’s continued employment through each vesting date.