Dybbs Michael 4

What Happened

• Michael Dybbs, a director of Nkarta, was granted a derivative award (reported as code A) covering 37,000 shares on 2026-06-10. The grant price is reported as $0.00, meaning no cash was paid as part of this award — it is an option/award that vests under the terms below.

Key Details

• Transaction date: June 10, 2026; Filing date: June 11, 2026 (timely filing).
• Grant size and price: 37,000 share-equivalent award at $0.00 (derivative award).
• Shares owned after transaction: not specified in the provided filing.
• Footnote (F1): The award vests 100% on the earlier of (i) June 10, 2027 or (ii) the day before the Issuer’s first annual meeting after the grant. Outstanding unvested awards fully vest upon a defined "change in control" or if the reporting person separates due to death or disability.
• Filing status: No late filing indicated.

Context

• This was a grant of a derivative award (an option/award), not an open-market purchase or sale; it does not represent immediate cash proceeds or a change in current share ownership until vested and, if applicable, exercised.
• Such awards are common for directors as compensation and include standard vesting and acceleration provisions; they should be viewed as potential future equity rather than an immediate insider buy/sell signal.