DeLucia David 4
Research Summary
AI-generated summary
KYNTRA BIO (KYNB) CFO David DeLucia — Shares Withheld for Taxes (52)
What Happened
- David DeLucia, CFO of KYNTRA BIO, had 52 shares withheld by the company to satisfy a tax obligation arising from the vesting of restricted stock units (RSUs). The withholding was executed at $6.71 per share, for a total value of approximately $349. This is a tax-withholding disposition (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-06-06
- Price/share: $6.71; Total value: ~$349
- Transaction code: F — shares withheld to cover tax liability on RSU vesting
- Footnote: F1 — issuer withheld shares to satisfy the reporting person's tax obligation upon RSU vesting
- Filing date: 2026-06-09 (reported on Form 4)
- Shares owned after transaction: not specified in the information provided
Context
- This was a tax-withholding event tied to RSU vesting (not an active sale or purchase). Such withholdings are routine and typically do not signal a change in insider conviction.