Insider Trading February 24, 2026

Caribou Biosciences CBO Sells Shares to Cover RSU Taxes Amid Recent Rally

Ruhi Ahmad Khan's February transactions include a small sale, stock and option grants as CRBU shares climb sharply

By Jordan Park CRBU
Caribou Biosciences CBO Sells Shares to Cover RSU Taxes Amid Recent Rally
CRBU

Ruhi Ahmad Khan, Chief Business Officer at Caribou Biosciences (CRBU), sold 6,938 shares on February 24, 2026, for $1.96 apiece to satisfy tax obligations tied to restricted stock unit vesting. The filings show earlier acquisitions on February 20, 2026 — 45,000 shares at a reported value of $0 and options to buy 202,500 shares at $1.80 that vest monthly through February 20, 2030. After the transactions Khan directly holds 104,998 shares. The insider moves arrive as CRBU stock has rallied sharply, and recent analyst coverage highlights the company’s work on off-the-shelf allogeneic CAR-T therapies.

Key Points

  • Ruhi Ahmad Khan sold 6,938 shares on February 24, 2026 at $1.96 per share for $13,598 to cover taxes from RSU vesting - impacts corporate insiders and equity markets.
  • On February 20, 2026, Khan acquired 45,000 shares valued at $0 and received options on 202,500 shares at a $1.80 exercise price that vest monthly through February 20, 2030 - relevant to executive compensation and potential future dilution.
  • CRBU stock has appreciated 32% in the past week and 73% over the past year; InvestingPro reports the stock trades below its Fair Value and Clear Street initiated coverage with a Buy rating and a $13.00 target, citing off-the-shelf allogeneic CAR-T development.

Caribou Biosciences' Chief Business Officer, Ruhi Ahmad Khan, reported a sale of 6,938 shares of the company's common stock on February 24, 2026, at a price of $1.96 per share, resulting in proceeds of $13,598, according to a Form 4 filing with the Securities and Exchange Commission. The filing states the sale was executed to satisfy tax liabilities tied to the vesting of restricted stock units.

The disclosure also records activity earlier that week. On February 20, 2026, Khan acquired 45,000 shares of Caribou Biosciences common stock with a recorded value of $0. In addition, the CBO received option grants allowing the purchase of 202,500 common shares at an exercise price of $1.80. Those options vest on a monthly basis and are scheduled to be fully vested by February 20, 2030.

Following the February transactions, Khan is listed as directly owning 104,998 shares of the company.


These insider transactions coincide with significant recent moves in the company's market performance. Caribou Biosciences' shares have gained 32% over the past week and are up 73% over the last 12 months. Complementing market action, proprietary analysis from InvestingPro indicates CRBU is currently trading below its assessed Fair Value, which the platform interprets as potential upside. The InvestingPro Pro Research Report - made available for CRBU and more than 1,400 U.S. equities - assigns Caribou Biosciences an overall financial health score of "FAIR".

On the research front, Clear Street has initiated coverage of Caribou Biosciences with a Buy rating and established a price target of $13.00. That firm highlighted optimism surrounding Caribou's development efforts in off-the-shelf allogeneic CAR-T cell therapies, projecting these programs as potential commercial competitors in the cell therapy market. Clear Street framed this outlook as a positive signal for the company's strategic direction and market prospects, noting analyst coverage can affect investor sentiment and provide context on growth potential.

Taken together, the regulatory filing and recent analyst interest underscore active attention on Caribou Biosciences from both insiders and the investment community. The transactions reported by Khan were administrative in nature - specifically to meet tax obligations - while the grants and options outline a longer-term compensation and retention schedule tied to the company’s future performance.


Although the filing provides a clear ledger of the transactions and holdings, it does not include further commentary from Khan or the company regarding the rationale beyond the stated tax-coverage purpose, nor does it provide information on any intended future trades.

Risks

  • The sale was executed specifically to cover tax obligations from RSU vesting - this administrative action can obscure interpretations of insider sentiment and affects perceptions in the market - impacts investor relations and equity trading.
  • Recent sharp share-price moves (32% weekly, 73% annual) indicate heightened volatility, which can increase market risk for shareholders and investors in biotech equities.
  • Analyst coverage and price targets can influence investor sentiment; changes in such coverage or in expectations for Caribou’s allogeneic CAR-T programs could alter market outlooks.

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