Form 4: Karyopharm Therapeutics CEO Richard Paulson Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Paulson, CEO of Karyopharm Therapeutics, sold 236 shares of common stock on May 6, 2025, to cover withholding tax liabilities related to vested restricted stock units.
Summary
- On May 6, 2025, Richard A. Paulson, the President and CEO of Karyopharm Therapeutics Inc., sold 236 shares of the company's common stock.
- The sale was executed at a price of $7.12 per share.
- The transaction was conducted under a pre-arranged automatic sale plan adopted on June 10, 2021.
- The purpose of the sale was to cover withholding tax obligations arising from the vesting of restricted stock units.
- Following the transaction, Paulson directly owns 82,503 shares of Karyopharm Therapeutics Inc.
Sentiment
Score: 6
Explanation: The document describes a routine transaction (stock sale for tax obligations) by an executive, which is neither particularly positive nor negative. The sentiment is neutral.
Management Comments
- The sale does not represent a discretionary trade by the reporting person.
Industry Context
Sales of shares to cover tax obligations are a routine part of executive compensation and are not necessarily indicative of the company's performance or future prospects.
Key Dates
| Date | Description |
|---|---|
| June 10, 2021 | Date the reporting person adopted a durable automatic sale instruction plan |
| 05/06/2025 | Date of the transaction (stock sale) |
| 05/07/2025 | Date of signature for the Form 4 filing |
Keywords
Karyopharm Therapeutics, Richard Paulson, stock sale, Form 4, insider trading, restricted stock units, withholding tax, automatic sale plan
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