Dynavax director reports open-market purchase of 3,800 DVAX shares
Rhea-AI Filing Summary
Dynavax Technologies director Scott Myers purchased 3,800 shares of Dynavax Technologies Corp (DVAX) on 08/22/2025 at $10.82 per share in an open-market transaction. After the purchase he beneficially owns 35,004 shares, reported as direct ownership. The Form 4 was filed by a single reporting person and signed on 08/25/2025 by an attorney-in-fact. The filing discloses only this non-derivative common stock purchase; no options, dispositions, or additional transactions are reported.
Positive
- Insider purchase disclosed: Director Scott Myers acquired 3,800 shares on the open market at $10.82, demonstrating a non-derivative investment in the company.
- Increased direct ownership: Holdings reported at 35,004 shares following the transaction, clearly stated on the Form 4.
Negative
- None.
Insights
TL;DR: Director purchased a small block of shares on the open market, a factual disclosure without material earnings or governance change.
The report shows a straightforward open-market purchase of 3,800 shares at $10.82, increasing direct beneficial ownership to 35,004 shares. The size of the purchase relative to total outstanding shares is not provided, so its market impact cannot be determined from this filing alone. This is a routine Section 16 disclosure that signals an insider transaction but does not, by itself, indicate a material change in company fundamentals.
TL;DR: Standard Form 4 reporting of an insider buy; no governance actions or related-party changes disclosed.
The filing documents compliance with Section 16 reporting for a director's open-market purchase. It contains no amendments, no derivatives, and no indication of any change in the director's role or relationships with the issuer. From a governance perspective, the filing is routine and provides transparency on insider holdings without revealing additional governance risks or events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,800 | $10.82 | $41K |
Footnotes (1)
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FAQ
What did the Form 4 filed for DVAX disclose?
Was the purchase made on the open market or through a plan?
Does the Form 4 report any derivative transactions or dispositions for DVAX?
When was the Form 4 signed and filed?