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Krystal Biotech R&D president sells $7.7m in stock

Created at 5 Jun · 11:27 PM2 sources
IN SHORT

Suma Krishnan, Krystal Biotech's R&D president, sold $7.7 million worth of company stock on Tuesday. The sale involved 150,000 shares at an average price of $51.33 per share.

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Key Numbers

$7.7 millionvalue of stock sold
150,000shares sold
$51.33average price per share

Who's Involved

Suma Krishnan
President of Research and Development at Krystal Biotech
Krystal Biotech
Company whose stock was sold

↳ Why This Matters

Insider selling by a high-level executive can sometimes signal a lack of confidence in the company's future prospects, potentially influencing investor sentiment.

Key facts

  • Suma Krishnan, Krystal Biotech R&D president, sold $7.7 million in stock.
  • The sale occurred on Tuesday.
  • 150,000 shares were sold at an average price of $51.33 per share.

Suma Krishnan, the president of Research and Development at Krystal Biotech, sold $7.7 million worth of the company's stock on Tuesday. The transaction involved the sale of 150,000 shares at an average price of $51.33 per share. This represents a significant divestment by a key executive.

Frequently asked questions

Suma Krishnan is the president of Research and Development at Krystal Biotech.

Suma Krishnan sold $7.7 million worth of Krystal Biotech stock, comprising 150,000 shares.

The sale occurred on Tuesday.

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How It Developed

5 Jun · 10:46 PM
Krystal Biotech R&D president Suma Krishnan sold $7.7 million in company stock on Tuesday.
Investing.com via PiQSuite

Sources

T1
Krystal Biotech R&D president Suma Krishnan sells $7.7m in stockm.piqsuite.com
T1
Krystal Biotech CEO Krishnan sells $7.7m in company stockm.piqsuite.com

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