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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Feb 2026, 18:49:48 UTC
Prior SEC filing
30 Jun 2025
Next SEC filing
03 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Krish Krishnan, as attorney-in-fact for Daniel Janney

Key filing fact

Daniel Janney filed Form 4 for Krystal Biotech, Inc. (KRYS) on 26 Feb 2026.

Key facts

  • This page summarizes Daniel Janney's Form 4 filing for Krystal Biotech, Inc. (KRYS).
  • 22 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 Feb 2026, 18:49.

Change

  • Previous filing in this sequence was filed on 30 Jun 2025.
  • Current net transaction value: -$16,056,161.

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

Reporting Owners (1)

CIK 0001198325 Primary reporting owner

JANNEY DANIEL

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

Reported non-derivative transactions

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

KRYS transaction

Common Stock

Options Exercise

Transaction value
$93,222
Shares
+37,895
Change %
Price
$2.46
Shares after
37,895
Date
24 Feb 2026
Ownership
Direct
Footnotes
F1
KRYS transaction

Common Stock

Sale

Transaction value
$149,594
Shares
-569
Change %
-1.5%
Price
$262.91
Shares after
37,326
Date
24 Feb 2026
Ownership
Direct
Footnotes
F2
KRYS transaction

Common Stock

Sale

Transaction value
$457,728
Shares
-1,733
Change %
-4.6%
Price
$264.12
Shares after
35,593
Date
24 Feb 2026
Ownership
Direct
Footnotes
F3
KRYS transaction

Common Stock

Sale

Transaction value
$942,878
Shares
-3,557
Change %
-10%
Price
$265.08
Shares after
32,036
Date
24 Feb 2026
Ownership
Direct
Footnotes
F4
KRYS transaction

Common Stock

Sale

Transaction value
$2,391,885
Shares
-8,986
Change %
-28%
Price
$266.18
Shares after
23,050
Date
24 Feb 2026
Ownership
Direct
Footnotes
F5
KRYS transaction

Common Stock

Sale

Transaction value
$3,116,310
Shares
-11,673
Change %
-51%
Price
$266.97
Shares after
11,377
Date
24 Feb 2026
Ownership
Direct
Footnotes
F6
KRYS transaction

Common Stock

Sale

Transaction value
$1,788,079
Shares
-6,671
Change %
-59%
Price
$268.04
Shares after
4,706
Date
24 Feb 2026
Ownership
Direct
Footnotes
F7
KRYS transaction

Common Stock

Sale

Transaction value
$1,065,924
Shares
-3,963
Change %
-84%
Price
$268.97
Shares after
743
Date
24 Feb 2026
Ownership
Direct
Footnotes
F8
KRYS transaction

Common Stock

Sale

Transaction value
$99,836
Shares
-370
Change %
-50%
Price
$269.83
Shares after
373
Date
24 Feb 2026
Ownership
Direct
Footnotes
F9
KRYS transaction

Common Stock

Sale

Transaction value
$101,118
Shares
-373
Change %
-100%
Price
$271.09
Shares after
0
Date
24 Feb 2026
Ownership
Direct
Footnotes
F10
KRYS transaction

Common Stock

Sale

Transaction value
$16,309
Shares
-62
Change %
-0.06%
Price
$263.05
Shares after
107,300
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F12, F13
KRYS transaction

Common Stock

Sale

Transaction value
$238,136
Shares
-900
Change %
-0.84%
Price
$264.60
Shares after
106,400
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F14
KRYS transaction

Common Stock

Sale

Transaction value
$425,919
Shares
-1,604
Change %
-1.5%
Price
$265.54
Shares after
104,796
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F15
KRYS transaction

Common Stock

Sale

Transaction value
$1,156,879
Shares
-4,339
Change %
-4.1%
Price
$266.62
Shares after
100,457
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F16
KRYS transaction

Common Stock

Sale

Transaction value
$505,597
Shares
-1,891
Change %
-1.9%
Price
$267.37
Shares after
98,566
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F17
KRYS transaction

Common Stock

Sale

Transaction value
$449,747
Shares
-1,674
Change %
-1.7%
Price
$268.67
Shares after
96,892
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F18
KRYS transaction

Common Stock

Sale

Transaction value
$250,636
Shares
-930
Change %
-0.96%
Price
$269.50
Shares after
95,962
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F19
KRYS transaction

Common Stock

Sale

Transaction value
$666,627
Shares
-2,425
Change %
-2.5%
Price
$274.90
Shares after
93,537
Date
24 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F20
KRYS transaction

Common Stock

Sale

Transaction value
$192,500
Shares
-700
Change %
-0.75%
Price
$275.00
Shares after
92,837
Date
25 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F21
KRYS transaction

Common Stock

Sale

Transaction value
$1,404,760
Shares
-5,103
Change %
-5.5%
Price
$275.28
Shares after
87,734
Date
26 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F22
KRYS transaction

Common Stock

Sale

Transaction value
$728,919
Shares
-2,638
Change %
-3%
Price
$276.32
Shares after
85,096
Date
26 Feb 2026
Ownership
Directly beneficially owned by Alta Bioequities, L.P.
Footnotes
F11, F13, F23

Reported derivative securities

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

KRYS transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-37,895
Change %
-100%
Price
$0.000000
Shares after
0
Date
24 Feb 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
37,895
Exercise price
$2.46
Footnotes
F1, F24
* 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 24 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F21

The transaction was executed in a single trade.

Footnote 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.

Footnote 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.

Footnote F24

The options vested ratably over a four-year period beginning on November 10, 2016.

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