PATTERSON LEONE D 4
4 · Nkarta, Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Nkarta (NKTX) Director Leone D. Patterson Receives 37,000-Share Award
What Happened
Leone D. Patterson, a director of Nkarta, Inc. (NKTX), was granted a derivative equity award covering 37,000 shares on June 10, 2026. The Form 4 reports an acquisition price of $0.00 (i.e., a grant rather than an open-market purchase); no immediate cash payment or sale of shares was reported. The filing lists the transaction on 2026-06-10 and was filed on 2026-06-11.
Key Details
- Transaction type: Grant / award (derivative) of 37,000 shares (code A on Form 4).
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-11 (timely).
- Price reported: $0.00 (grant), so no dollar total is listed on the Form 4; intrinsic value depends on NKTX market price.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: 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 will fully vest upon a qualifying change in control or upon the reporting person’s death or disability.
Context
This was a grant of derivative securities (an equity award with vesting conditions), not an open-market buy or sale. Such grants are common for directors as part of compensation and do not necessarily imply a near-term purchase or sale of company stock. The filing appears timely (filed the next day), and the vesting/acceleration terms are spelled out in the footnote.
Insider Transaction Report
- Award
Stock Option (right to buy)
[F1]2026-06-10+37,000→ 37,000 totalExercise: $2.46Exp: 2036-06-09→ Common Stock (37,000 underlying)
Footnotes (1)
- [F1]All shares subject to the option vest 100% on the first to occur of (i) June 10, 2027 or (ii) the day immediately preceding the first annual meeting of the Issuer's stockholders to occur after the date of grant of the award. Each grant, to the extent outstanding and otherwise unvested, will become fully vested should a "change in control" of the Issuer occur (as described in the applicable award agreement) or upon the Reporting Person's separation from service with the Issuer due to the Reporting Person's death or "disability" (as described in the applicable award agreement).