ZECCHINI EDWARD J 4

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.