Cadrenal Therapeutics (CVKD) CEO sells 8,285 shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cadrenal Therapeutics, Inc. CEO and Chairman Quang X. Pham reported open-market sales of a total of 8,285 shares of common stock on June 3–5, 2026 at weighted average prices of $4.26, $4.41 and $4.42 per share. These trades were executed under a pre-arranged Rule 10b5-1 trading arrangement adopted on September 25, 2025. Following the transactions, he holds 173,224 shares directly and 200,000 shares indirectly through The PVBQ Living Trust, for which he has sole voting and dispositive power.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,285 shares ($36,209)
Net Sell
4 txns
Insider
Pham Quang X
Role
CEO and Chairman
Sold
8,285 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,064 | $4.42 | $9K |
| Sale | Common Stock | 3,898 | $4.41 | $17K |
| Sale | Common Stock | 2,323 | $4.26 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 173,224 shares (Direct, null);
Common Stock — 200,000 shares (Indirect, The PVBQ Living Trust)
Footnotes (1)
- Represents shares of the Issuer's common stock sold by the Reporting Person in accordance with a Rule 10b5-1 trading arrangement adopted by the Reporting Person on September 25, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.18 through $4.39. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer 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 this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.19 through $4.47. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer 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 this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.25 through $4.50. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer 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 this footnote. Quang Pham is the Trustee of The PVBQ Living Trust and has sole voting and dispositive power with respect to the shares owned by The PVBQ Trust, of which Mr. Pham's child is the sole beneficiary.
Key Figures
Shares sold June 3, 2026: 2,323 shares at $4.26
Shares sold June 4, 2026: 3,898 shares at $4.41
Shares sold June 5, 2026: 2,064 shares at $4.42
+4 more
7 metrics
Shares sold June 3, 2026
2,323 shares at $4.26
Open-market sale of common stock by CEO
Shares sold June 4, 2026
3,898 shares at $4.41
Open-market sale of common stock by CEO
Shares sold June 5, 2026
2,064 shares at $4.42
Open-market sale of common stock by CEO
Total shares sold
8,285 shares
Net open-market sales across June 3–5, 2026
Direct holdings after trades
173,224 shares
Common stock directly owned by CEO post-transaction
Indirect trust holdings
200,000 shares
Common stock held via The PVBQ Living Trust
Rule 10b5-1 plan adoption date
September 25, 2025
Date CEO adopted trading arrangement governing these sales
Key Terms
Rule 10b5-1 trading arrangement, weighted average price, The PVBQ Living Trust, voting and dispositive power
4 terms
Rule 10b5-1 trading arrangement regulatory
"sold by the Reporting Person in accordance with a Rule 10b5-1 trading arrangement adopted"
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
The PVBQ Living Trust financial
"Quang Pham is the Trustee of The PVBQ Living Trust and has sole voting"
voting and dispositive power regulatory
"has sole voting and dispositive power with respect to the shares owned by The PVBQ Trust"
FAQ
What insider activity did Cadrenal Therapeutics (CVKD) disclose on this Form 4?
Cadrenal Therapeutics disclosed that CEO and Chairman Quang X. Pham sold 8,285 shares of common stock in open-market transactions between June 3 and June 5, 2026 at weighted average prices around $4.26 to $4.42 per share, under a pre-arranged Rule 10b5-1 plan.
Were the Cadrenal Therapeutics (CVKD) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the common stock sales were made under a Rule 10b5-1 trading arrangement adopted by Quang X. Pham on September 25, 2025. Such pre-arranged plans allow insiders to schedule trades in advance, separating trading decisions from day-to-day market developments.
What role does The PVBQ Living Trust play in Cadrenal Therapeutics (CVKD) insider ownership?
The PVBQ Living Trust holds 200,000 Cadrenal Therapeutics shares as an indirect position for Quang X. Pham. He serves as trustee with sole voting and dispositive power, while his child is the trust’s sole beneficiary, according to the detailed ownership footnote in the filing.