Kindred Biosciences (KIN) executive Chin sold 40,000 shares for $367K at $9.18 under a 10b5-1 plan
Insider transactions reported
Richard Chin (executive at Kindred Biosciences, Inc., KIN) reported that they sold 40,000 shares for $367K at $9.18 on Jun 16, 2021. After these transactions the filing shows 1,934,271 shares held directly.
- Reporting person
- Chin Richard
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 16, 2021 | Open-market sale (S) | Common Stock1, 2 | -40,000 | $9.18 | $367K | 1,934,271 direct |
Holdings before and after
- Common Stock: 1,974,271 to 1,934,271 direct
Footnotes from the filing
- 1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 22, 2020.
- 2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.165 to $9.19, inclusive. The reporting person undertakes to provide to Kindred Biosciences, Inc., any security holder of Kindred Biosciences, Inc. 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 footnote (2) to this Form 4.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Chin report in this KIN Form 4?
Richard Chin (executive at Kindred Biosciences, Inc., KIN) reported that they sold 40,000 shares for $367K at $9.18 on Jun 16, 2021. After these transactions the filing shows 1,934,271 shares held directly.
How many KIN shares does Chin hold after this filing?
The filing shows 1,934,271 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this KIN insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for KIN
Earlier insider filings at KIN
- Jun 7, 2021SEC Form 4: Park West Asset Management LLC sold $2,873,677 worth of Common Stock (414,983 units at $6.92)
- Mar 18, 2021SEC Form 4: Denise Bevers exercised 8,396 units of Common Stock at a strike of $0.32 and sold $41,997 worth of Common Stock (8,396 units at $5.00)
- Feb 23, 2021SEC Form 4: Denise Bevers exercised 4,627 units of Common Stock at a strike of $0.32 and sold $23,135 worth of Common Stock (4,627 units at $5.00)
- Feb 9, 2021SEC Form 4 filed by Lyndon Lien
- Feb 9, 2021SEC Form 4 filed by Nanxi Liu
- Market cap
- 30-day
- Sector
- Health Care
- Industry
- Major Pharmaceuticals
- Listed since
- 2013
Follow KIN and get a push notification the moment its next story breaks.