Cryoport (CYRX) CFO Robert Stefanovich Sells Shares

What Happened
Robert Stefanovich, Chief Financial Officer of Cryoport, sold 169,427 shares of Cryoport common stock in open-market/private-sale transactions on June 4, 2026. The reported weighted-average price was $16.27, generating total proceeds of approximately $2,756,984. This was a sale (disposition) rather than a purchase or award.

Key Details

• Transaction date: 2026-06-04 (reported on Form 4 filed 2026-06-08). Filing appears timely.
• Transaction type: Sale (code S) — open market or private sale.
• Price: Weighted average $16.27; prices in the block ranged from $16.05 to $16.70 (see footnote).
• Shares sold: 169,427; total proceeds ≈ $2,756,984.
• Shares owned after the transaction: Not specified in the supplied filing summary.
• Footnote: The filing states the $16.27 is a weighted average; the reporting person will provide, on request, the number of shares sold at each separate price within the $16.05–$16.70 range.

Context
A sale by an executive is a disposition of shares and does not, by itself, indicate company performance or insider sentiment. Retail investors should note purchases are often considered more informative than routine sales; this report is a disclosure of the CFO’s sale, not an explanation of motivation.