Aiyar Ram 4
4 · Korro Bio, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Korro Bio (KRRO) President/CEO Aiyar Ram Sells 15,152 Shares
What Happened
Aiyar Ram, President, Chief Executive Officer and a director of Korro Bio (KRRO), sold 15,152 shares of common stock in an open-market transaction on May 29, 2026. The weighted-average sale price was $12.98 per share, resulting in total proceeds of approximately $196,673. The filing indicates the sale was made solely to satisfy tax withholding obligations arising upon vesting/settlement of a performance stock unit, so this was a routine tax-withholding sale rather than a directional investment decision.
Key Details
- Transaction date: 2026-05-29 (filed on 2026-06-02; filing appears to be timely)
- Price: weighted-average $12.98; trades ranged from $12.62 to $13.245 (sold in multiple transactions)
- Shares sold: 15,152; proceeds ≈ $196,673
- Purpose: Tax withholding to satisfy obligations on settlement of a performance stock unit (footnote F1)
- Holdings after transaction: not explicitly stated in this filing; footnotes note inclusion of 40,000 shares issuable upon settlement of a restricted stock unit (F3) and shares held by The Ram Aiyar Irrevocable Trust (F4), for which the reporting person disclaims beneficial ownership except to the extent of pecuniary interest
- Other footnotes: F2 explains weighted-average pricing and availability of per-trade details on request
Context
Sales to cover tax withholding when awards vest/settle are common and typically reflect tax obligations rather than a CEO's view on the company's prospects. The filing’s footnotes clarify that the sale was tied to settlement of equity awards and that some shares are held in a trust (with a disclaimer of beneficial ownership).
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-05-29$12.98/sh−15,152$196,673→ 74,848 total
- 4,613(indirect: By Trust)
Common Stock
[F4]
Footnotes (4)
- [F1]Represents the sale of shares of common stock solely to satisfy tax withholding obligations incurred upon vesting and settlement of a performance stock unit.
- [F2]The price reported in Column 4 is a weighted-average price. The shares were sold in multiple transactions at prices ranging from $12.62 to $13.245, inclusive. Full information regarding the number of shares sold at each separate price can be provided to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request.
- [F3]Includes 40,000 shares of common stock issuable upon settlement of a restricted stock unit granted under the 2023 Plan as reported on Form 4 dated February 3, 2026.
- [F4]Shares held by The Ram Aiyar Irrevocable Trust, for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.