DeLucia David 4
Research Summary
AI-generated summary
Kyntra Bio (KYNB) CFO David DeLucia Receives 26,000-Share Award
What Happened
- David DeLucia, Chief Financial Officer of Kyntra Bio, was granted a derivative equity award for 26,000 shares on February 3, 2026. The reported acquisition price is $0.00, so no cash was paid for the award at grant. This is a compensation award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-03; Form 4 filed: 2026-02-05 (timely).
- Security: derivative equity award for 26,000 shares; reported price: $0.00; total reported value at grant: $0.
- Vesting: vests in equal amounts quarterly over four years measured from 2/3/2026 (footnote).
- Shares owned after transaction: not specified in the provided filing.
- No 10b5-1 plan, tax withholding, or sale reported in this filing.
Context
- This is a typical time-based compensation award that vests over several years and is intended to retain executives; it does not represent an immediate purchase or sale of shares. Because the award vests over time, the economic benefit is realized gradually as vesting occurs (and tax/eventual exercise or delivery rules apply).