HASTINGS PAUL J 4
Research Summary
AI-generated summary
Nkarta (NKTX) CEO Paul J. Hastings Sells 1,776 Shares
What Happened
- Paul J. Hastings, CEO of Nkarta, reported a sale of 1,776 shares on June 18, 2026 at $2.71 per share, generating proceeds of $4,813. The filing indicates the sale was to satisfy tax withholding associated with the vesting and settlement of restricted stock units (RSUs), not a discretionary trade.
Key Details
- Transaction date and price: June 18, 2026 — 1,776 shares sold at $2.71 each.
- Total proceeds: $4,813.
- Transaction type/code: Sale (S); reported as tax-withholding disposition per footnote (not discretionary).
- Footnote F1: Sale represents shares sold to satisfy tax withholding for RSU vesting and is not a discretionary transaction by the reporting person.
- Footnote F2: Filing notes inclusion of 2,000 shares acquired under the company’s 2020 Employee Stock Purchase Plan on May 31, 2026.
- Shares owned after transaction: Not specified in the summary data provided here — see the Form 4 for the "Amount of Securities Beneficially Owned Following Reported Transaction" field.
- Filing date: Form 4 filed June 22, 2026 (filed within the typical two-business-day deadline for Form 4 reporting).
Context
- This was a tax-withholding sale tied to RSU settlement (a routine administrative step) rather than a market-timed sale expressing a change in sentiment. For retail investors, purchases and open-market buys can be more informative about insider confidence; tax-related disposals are common and do not necessarily signal a view on company prospects.