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KRYSKrystal Biotech, Inc. · Insider ownership research

Krystal Biotech, Inc. insiders sold $95.5M in the past 12 months. How much of their stake is that?

Insiders sold $95.5M in the past 12 months.86% was sold under disclosed trading plans, 14% with no plan disclosed. The largest seller, Suma Krishnan (President, R&D, Director), sold $30.0M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
$13.2M
sold with no plan disclosed, past 12 months
86%
of sales were under disclosed trading plans, past 12 months
6 of 11
officers and directors sold shares, past 12 months
Is this normal? More than usual: about 1.6x the 5-year average. 6 insiders sold; the average is 3 a year. Year by year
Latest filing: Filed Sep 4 for a sale on Sep 4. Krish Krishnan (also reported by spouse Suma Krishnan, President, R&D) sold 25K shares ($9.0M) under a disclosed plan. Filing
SEC ownership filings: 26 filed in the 12 months to Oct 13, 2026; 185 on record since Sep 19, 2017 · See the evidence

What stands out

Dino Rossi sold $13.2M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Feb 19, 2026

A share of stake is shown for 0 of the 6 officers and directors who sold. 11 are left out

i
Left out: Krish Krishnan, Suma Krishnan, Daniel Janney, Dino Rossi, Kathryn Romano, Laurent Goux, John Thomas, Julian Gangolli, Christopher Mason, Everett Sutherland and Catherine Mazzacco (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Suma Krishnan
President, R&D, Director
Also reported by spouse Krish Krishnan
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$30.0MDisclosed plan
Krish Krishnan
President and CEO, Director
Also reported by spouse Suma Krishnan
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$28.8MDisclosed plan
Daniel Janney
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$19.4MDisclosed plan
Dino Rossi
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$13.2MNo plan disclosed
Kathryn Romano
Chief Accounting Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$3.6MDisclosed plan
All 6 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNovDec 2025: $12.3M under a disclosed planDecJanFeb 2026: $22.8M under a disclosed planFeb 2026: $5.0M no plan disclosed$27.8MFebMar 2026: $13.4M under a disclosed planMarAprMay 2026: $194K under a disclosed planMayJun 2026: $15.8M under a disclosed planJunJulAug 2026: $8.2M no plan disclosedAugSep 2026: $18.0M under a disclosed planSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Sep 4, 20262 executives sold 50K shares ($18.0M) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Krish Krishnan
President and CEO, Director
Also reported by spouse Suma Krishnan
25,000$359.32n/an/aSep 4, 2026Sep 4, 2026
Suma Krishnan
President, R&D, Director
Also reported by spouse Krish Krishnan
25,000$359.32n/an/aSep 4, 2026Sep 4, 2026

Common questions

Is the Krystal Biotech, Inc. CEO selling stock?

Yes. Krish Krishnan sold 100K shares ($28.8M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Krystal Biotech, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 86% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 14% had no disclosed plan. A trading plan schedules sales in advance.

Are any Krystal Biotech, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold6 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Suma Krishnan
President, R&D, Director
Also reported by spouse Krish Krishnan, President and CEO
$30.0M
106K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Krish Krishnan
President and CEO, Director
Also reported by spouse Suma Krishnan, President, R&D
$28.8M
100K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Daniel Janney
Director
$19.4M
72K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Dino Rossi
Director
$13.2M
44K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Kathryn Romano
Chief Accounting Officer
$3.6M
13K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
John Thomas
EVP, General Counsel
$541K
1.6K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
The full ownership picture0 of 11 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
Krish Krishnan
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Krish Krishnan are complete.
President and CEO, Director
Shares also reported by spouse Suma Krishnan
Same 2.99M shares as Suma Krishnan; counted there
Vesting, gifts, unvested awards and holding lines for Krish Krishnan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Krish Krishnan are complete; balances and unit counts will be added when the check is finished.

−5Kgifted (net of own trusts)
−31Kwithheld by the company for taxes
  • Some sales match sales reported by Suma Krishnan exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
39,300$179.25Feb 28, 2035$7.4M
45,249$275.64Feb 26, 2036$4.1M

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Suma Krishnan
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Suma Krishnan are complete.
President, R&D, Director
Shares also reported by spouse Krish Krishnan
Same 2.99M shares as Krish Krishnan; counted there
Vesting, gifts, unvested awards and holding lines for Suma Krishnan

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Suma Krishnan are complete; balances and unit counts will be added when the check is finished.

−5Kgifted (net of own trusts)
−31Kwithheld by the company for taxes
  • Some sales match sales reported by Krish Krishnan exactly (date, shares and price). Possibly the same shares reported by both; the filings don't confirm it.

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
25,000$179.25Feb 28, 2035$4.7M
18,100$275.64Feb 26, 2036$1.6M

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Daniel Janney
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Daniel Janney are complete.
Director
n/a−72Kn/an/a
Vesting, gifts, unvested awards and holding lines for Daniel Janney

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Janney are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,000$183.64Jun 30, 2034$915K
5,000$137.46Jun 30, 2035$1.1M
1,187$340.03Sep 13, 2036$31K

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Dino Rossi
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Dino Rossi are complete.
Director
n/a−44Kn/an/a
Vesting, gifts, unvested awards and holding lines for Dino Rossi

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Dino Rossi are complete; balances and unit counts will be added when the check is finished.

−3.7Kgifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,000$183.64Jun 30, 2034$915K
5,000$137.46Jun 30, 2035$1.1M
1,187$340.03Sep 13, 2036$31K

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Kathryn Romano
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kathryn Romano are complete.
Chief Accounting Officer
n/a−13Kn/an/a
Vesting, gifts, unvested awards and holding lines for Kathryn Romano

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kathryn Romano are complete; balances and unit counts will be added when the check is finished.

−750gifted (net of own trusts)
−3.5Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
12,500$63.55Feb 28, 2032$3.8M
10,000$179.25Feb 28, 2035$1.9M
13,575$275.64Feb 26, 2036$1.2M

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Laurent Goux
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Laurent Goux are complete.
EVP, Head of International
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Laurent Goux

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Laurent Goux are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
9,050$275.64Feb 26, 2036$823K
7,449$179.25Feb 27, 2035$1.4M
2,367$159.47Feb 27, 2034$490K
4,750$81.91Feb 27, 2033$1.4M
2,750$63.55Feb 27, 2032$833K
19,000$52.21Sep 29, 2031$6.0M

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

John Thomas
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Thomas are complete.
EVP, General Counsel
n/a−1.6Kn/an/a
Vesting, gifts, unvested awards and holding lines for John Thomas

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Thomas are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
9,050$275.64Feb 26, 2036$823K
6,500$179.25Feb 27, 2035$1.2M
2,860$159.47Feb 27, 2034$592K
8,650$81.91Feb 27, 2033$2.5M
1,350$63.55Feb 27, 2032$409K
32,400$52.21Sep 29, 2031$10.2M

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Julian Gangolli
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Julian Gangolli are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Julian Gangolli

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Julian Gangolli are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,000$183.64Jun 30, 2034$915K
5,000$137.46Jun 30, 2035$1.1M
1,187$340.03Sep 13, 2036$31K

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Christopher Mason
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Christopher Mason are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Christopher Mason

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Christopher Mason are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,000$183.64Jun 30, 2034$915K
5,000$137.46Jun 30, 2035$1.1M
1,187$340.03Sep 13, 2036$31K

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Everett Sutherland
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Everett Sutherland are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Everett Sutherland

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Everett Sutherland are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,000$183.64Jun 30, 2034$915K
5,000$137.46Jun 30, 2035$1.1M
1,187$340.03Sep 13, 2036$31K

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Catherine Mazzacco
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Catherine Mazzacco are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Catherine Mazzacco

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Catherine Mazzacco are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,000$183.64Jun 30, 2034$915K
5,000$137.46Jun 30, 2035$1.1M
1,187$340.03Sep 13, 2036$31K

Estimate: options held × ($366.56 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Holdings and share of stake for Krystal Biotech, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$95.5M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $95.5M across 336,499 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($13.2M), including tax-related sales outside a plan.

No plan disclosed · $13.2M

Sales with no 10b5-1 plan and no tax reference in the filing. $13.2M of it is Dino Rossi. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Dino Rossi, Feb 19, 2026

Taxes

64,670 shares ($17.8M) were withheld by the company for taxes, which isn't a market sale.

Charitable gifts · 14K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Suma Krishnan
President, R&D, Director
106K$30.0M100%31%Dec 4, 2025 to Sep 4, 2026
Krish Krishnan
President and CEO, Director
100K$28.8M100%30%Dec 4, 2025 to Sep 4, 2026
Daniel Janney
Director
72K$19.4M100%20%Feb 24, 2026 to Feb 27, 2026
Dino Rossi
Director
44K$13.2M0%14%Feb 19, 2026 to Aug 14, 2026
Kathryn Romano
Chief Accounting Officer
13K$3.6M100%4%Feb 9, 2026 to Mar 2, 2026
John Thomas
EVP, General Counsel
1.6K$541K100%0.6%May 26, 2026 to Jun 25, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$12.3M$12.3M$0$0
Jan 2026$0$0$0$0
Feb 2026$27.8M$22.8M$0$5.0M
Mar 2026$13.4M$13.4M$0$0
Apr 2026$0$0$0$0
May 2026$194K$194K$0$0
Jun 2026$15.8M$15.8M$0$0
Jul 2026$0$0$0$0
Aug 2026$8.2M$0$0$8.2M
Sep 2026$18.0M$18.0M$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 1.6x the 5-year average. 6 insiders sold; the average is 3 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 13, 2026
Latest 12 months
336K6$95.5M
Oct 13, 2025
1 year earlier
151K3$24.8M
Oct 13, 2024
2 years earlier
243K4$39.3M
Oct 14, 2023
3 years earlier
522K6$52.3M
Oct 14, 2022
4 years earlier
150K2$11.1M
Oct 14, 2021
5 years earlier
00$0

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty11 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Krystal Biotech, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology185 filings on record, 26 filed in the 12-month period, and how we read them

All 185 Forms 3, 4 and 5 on record for Krystal Biotech, Inc. (SEC CIK 1711279), filed from Sep 19, 2017 to Sep 16, 2026; 26 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (7)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Andrew OrthJun 9, 2023100 shares, last reported balance as of Jun 9, 2023
Jing MarantzJan 31, 2022No balance on record
Jennifer ChienFeb 4, 2020No balance on record
Antony RileyNov 21, 20199,050 shares, last reported balance as of Nov 19, 2019
Douglas NorbyJun 4, 20189,000 shares, last reported balance as of May 9, 2018
Pharma SunSep 25, 2017No balance on record
Kirti GanorkarNo balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.