ZECCHINI EDWARD J 4
4 · Cryoport, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Cryoport (CYRX) Chief Digital Officer Edward Zecchini Receives Awards
What Happened
Edward J. Zecchini, Cryoport's Chief Digital and Technology Officer, was granted stock-based awards on March 14, 2026 totaling 85,287 units (21,322 restricted stock rights and 63,965 derivative awards) at $0.00 as compensation. On March 16, 2026 he sold 2,014 shares in an open-market sale at $8.00 per share for proceeds of $16,112; the sale was to satisfy tax withholding obligations related to the vesting/issuance of restricted stock rights.
Key Details
- Grants: 21,322 restricted stock rights and 63,965 derivative awards granted 2026-03-14 at $0.00 (compensation). Total granted = 85,287 units.
- Sale: 2,014 shares sold 2026-03-16 at $8.00 for $16,112 (open market). Footnote indicates this sale was to pay taxes due on vesting.
- Post-transaction holdings: Not specified in the filing.
- Filing: Report filed with the SEC on 2026-03-17 for transactions dated 2026-03-14.
- Relevant footnotes: F1 = restricted stock rights vest in four equal annual installments beginning 3/14/2027; F2 = shares sold to satisfy tax withholding on vesting; F3 = 1/48 of options vest monthly starting 4/14/2026.
Context
The grants are compensation awards (priced at $0) and are contingent on future vesting schedules — restricted stock rights vest annually over four years, while the larger derivative grant appears to vest monthly over 48 months. The small open-market sale (~$16k) looks routine and is identified as tax-related withholding rather than a discretionary sale indicating insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-14+21,322→ 111,733 total - Sale
Common Stock
[F2]2026-03-16$8.00/sh−2,014$16,112→ 109,719 total - Award
Stock Option (right to buy)
[F3]2026-03-14+63,965→ 63,965 totalExercise: $8.60Exp: 2033-03-14→ Common Stock (63,965 underlying)
Footnotes (3)
- [F1]Represents restricted stock rights, which are a contingent right to receive one share of CYRX common stock, that vest in four equal annual installments beginning March 14, 2027.
- [F2]Shares required to be sold in accordance with the Issuer's policies, in payment of taxes due upon the vesting of restricted stock rights.
- [F3]1/48 of options vest on the 14th of each month for forty-eight months beginning April 14, 2026.