DANIEL JANNEY - 24 Feb 2026 Form 4 Insider Report for Krystal Biotech, Inc. (KRYS)

Role
Director
Signature
/s/ Krish Krishnan, as attorney-in-fact for Daniel Janney
Issuer symbol
KRYS
Transactions as of
24 Feb 2026
Net transactions value
-$16,056,161
Form type
4
Filing time
26 Feb 2026, 18:49:48 UTC
Previous filing
30 Jun 2025
Next filing
03 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
JANNEY DANIEL Director C/O KRYSTAL BIOTECH, INC., 2100 WHARTON STREET, SUITE 701, PITTSBURGH /s/ Krish Krishnan, as attorney-in-fact for Daniel Janney 26 Feb 2026 0001198325

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRYS Common Stock Options Exercise $93,222 +37,895 $2.46 37,895 24 Feb 2026 Direct F1
transaction KRYS Common Stock Sale $149,594 -569 -1.5% $262.91 37,326 24 Feb 2026 Direct F2
transaction KRYS Common Stock Sale $457,728 -1,733 -4.6% $264.12 35,593 24 Feb 2026 Direct F3
transaction KRYS Common Stock Sale $942,878 -3,557 -10% $265.08 32,036 24 Feb 2026 Direct F4
transaction KRYS Common Stock Sale $2,391,885 -8,986 -28% $266.18 23,050 24 Feb 2026 Direct F5
transaction KRYS Common Stock Sale $3,116,310 -11,673 -51% $266.97 11,377 24 Feb 2026 Direct F6
transaction KRYS Common Stock Sale $1,788,079 -6,671 -59% $268.04 4,706 24 Feb 2026 Direct F7
transaction KRYS Common Stock Sale $1,065,924 -3,963 -84% $268.97 743 24 Feb 2026 Direct F8
transaction KRYS Common Stock Sale $99,836 -370 -50% $269.83 373 24 Feb 2026 Direct F9
transaction KRYS Common Stock Sale $101,118 -373 -100% $271.09 0 24 Feb 2026 Direct F10
transaction KRYS Common Stock Sale $16,309 -62 -0.06% $263.05 107,300 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F12, F13
transaction KRYS Common Stock Sale $238,136 -900 -0.84% $264.60 106,400 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F14
transaction KRYS Common Stock Sale $425,919 -1,604 -1.5% $265.54 104,796 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F15
transaction KRYS Common Stock Sale $1,156,879 -4,339 -4.1% $266.62 100,457 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F16
transaction KRYS Common Stock Sale $505,597 -1,891 -1.9% $267.37 98,566 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F17
transaction KRYS Common Stock Sale $449,747 -1,674 -1.7% $268.67 96,892 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F18
transaction KRYS Common Stock Sale $250,636 -930 -0.96% $269.50 95,962 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F19
transaction KRYS Common Stock Sale $666,627 -2,425 -2.5% $274.90 93,537 24 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F20
transaction KRYS Common Stock Sale $192,500 -700 -0.75% $275.00 92,837 25 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F21
transaction KRYS Common Stock Sale $1,404,760 -5,103 -5.5% $275.28 87,734 26 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F22
transaction KRYS Common Stock Sale $728,919 -2,638 -3% $276.32 85,096 26 Feb 2026 Directly beneficially owned by Alta Bioequities, L.P. F11, F13, F23

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KRYS Stock Option (Right to Buy) Options Exercise $0 -37,895 -100% $0.000000 0 24 Feb 2026 Common Stock 37,895 $2.46 Direct F1, F24
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The Rule 10b5-1 trading plan was entered into on November 25, 2025, and will terminate on November 5, 2026, subject to early termination in accordance with the terms of the Rule 10b5-1 trading plan, including upon completion of the sale of all of the shares of the Company's common stock subject to the Rule 10b5-1 trading plan.
F2 The transaction was executed in multiple trades ranging from $262.480 to $263.400. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F3 The transaction was executed in multiple trades ranging from $263.510 to $264.450. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4 The transaction was executed in multiple trades ranging from $264.520 to $265.495. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F5 The transaction was executed in multiple trades ranging from $265.520 to $266.510. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F6 The transaction was executed in multiple trades ranging from $266.520 to $267.510. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F7 The transaction was executed in multiple trades ranging from $267.520 to $268.510. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F8 The transaction was executed in multiple trades ranging from $268.540 to $269.530. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F9 The transaction was executed in multiple trades ranging from $269.610 to $270.140. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F10 The transaction was executed in multiple trades ranging from $270.650 to $271.610. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F11 The sale of common stock reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The Rule 10b5-1 trading plan was entered into on November 25, 2025, and will terminate on November 5, 2026, subject to early termination in accordance with the terms of the Rule 10b5-1 trading plan, including upon completion of the sale of all of the shares of the Company's common stock subject to the Rule 10b5-1 trading plan.
F12 The transaction was executed in multiple trades ranging from $262.9496 to $263.1269. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F13 Alta Bioequities Management, LLC is the general partner of Alta Bioequities, L.P. and may be deemed to have sole voting and investment power over the shares beneficially owned by Alta Bioequities, L.P. The Reporting Person is the Managing Director of Alta Bioequities Management, LLC. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F14 The transaction was executed in multiple trades ranging from $264.01 to $264.99. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F15 The transaction was executed in multiple trades ranging from $265.04 to $266. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F16 The transaction was executed in multiple trades ranging from $266.06 to $267.0511. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F17 The transaction was executed in multiple trades ranging from $267.0631 to $268.0275. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F18 The transaction was executed in multiple trades ranging from $268.0725 to $269.0705. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F19 The transaction was executed in multiple trades ranging from $269.1641 to $269.78. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F20 The transaction was executed in multiple trades ranging from $274.59 to $275. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F21 The transaction was executed in a single trade.
F22 The transaction was executed in multiple trades ranging from $275 to $275.9782. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F23 The transaction was executed in multiple trades ranging from $276 to $276.99. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth herein.
F24 The options vested ratably over a four-year period beginning on November 10, 2016.