Troy A. Ignelzi - 22 Aug 2023 Form 4 Insider Report for Karuna Therapeutics, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Aug 2023, 16:49:56 UTC
Prior SEC filing
25 May 2023
Next SEC filing
20 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Troy Ignelzi

Key filing fact

Troy A. Ignelzi filed Form 4 for Karuna Therapeutics, Inc. on 24 Aug 2023.

Key facts

  • This page summarizes Troy A. Ignelzi's Form 4 filing for Karuna Therapeutics, Inc..
  • 6 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 24 Aug 2023, 16:49.

Change

  • Previous filing in this sequence was filed on 25 May 2023.
  • Current net transaction value: -$248,883.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KRTX transaction

Common Stock

Options Exercise

Transaction value
$13,800
Shares
+1,500
Change %
+4.9%
Price
$9.20*
Shares after
31,987
Date
22 Aug 2023
Ownership
Direct
Footnotes
F1
KRTX transaction

Common Stock

Sale

Transaction value
$13,891
Shares
-80
Change %
-0.25%
Price
$173.64
Shares after
31,907
Date
22 Aug 2023
Ownership
Direct
Footnotes
F1, F2
KRTX transaction

Common Stock

Sale

Transaction value
$149,522
Shares
-855
Change %
-2.7%
Price
$174.88
Shares after
31,052
Date
22 Aug 2023
Ownership
Direct
Footnotes
F1, F3
KRTX transaction

Common Stock

Sale

Transaction value
$88,673
Shares
-505
Change %
-1.6%
Price
$175.59
Shares after
30,547
Date
22 Aug 2023
Ownership
Direct
Footnotes
F1, F4
KRTX transaction

Common Stock

Sale

Transaction value
$10,596
Shares
-60
Change %
-0.2%
Price
$176.60
Shares after
30,487
Date
22 Aug 2023
Ownership
Direct
Footnotes
F1, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KRTX transaction Derivative

Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-1,500
Change %
-1.6%
Price
$0.000000
Shares after
93,226
Date
22 Aug 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,500
Exercise price
$9.20
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2022.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.31 to $174.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (2) through (5) to this Form 4.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.32 to $175.31, inclusive.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.32 to $176.30, inclusive.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.59 to $176.61, inclusive.

Footnote F6

This option vested as to 25% of the shares on the first anniversary of the vesting commencement date of March 1, 2019, with additional vesting as to 12.5% of the shares underlying the option award on each six month period thereafter.

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