Steven M. Paul - 09 Feb 2024 Form 4 Insider Report for Karuna Therapeutics, Inc. (KRTX)

Role
Director
Signature
/s/ Mia Kelley, Attorney-in-Fact
Issuer symbol
KRTX
Transactions as of
09 Feb 2024
Transactions value $
-$254,981
Form type
4
Filing time
12 Feb 2024, 17:13:11 UTC
Previous filing
04 Jan 2024
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRTX Common Stock Tax liability -$255K -804 -7.05% $317.14 10.6K 09 Feb 2024 Direct F1
holding KRTX Common Stock 2.36K 09 Feb 2024 The Steven M. Paul Revocable Trust
holding KRTX Common Stock 83.3K 09 Feb 2024 Spouse (Jann E. Paul GRAT III) F2
holding KRTX Common Stock 23.2K 09 Feb 2024 Spouse (Jann E. Paul Revocable Trust) F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the partial vesting of restricted stock units previously granted to the Reporting Person on February 9, 2023.
F2 On June 23, 2023, 23,230 shares were distributed from the Jann E. Paul GRAT III to the Jann E. Paul Revocable Trust in accordance with the reporting exemption under Rule 16a-13.

Remarks:

Exhibit 24 - Power of Attorney