STOCK TITAN

ELVN (Nasdaq) selling holders report proposed sale, recent 272,322-share disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ELVN notice of proposed sale of Common Stock under Rule 144 by selling holders, reporting broker allocations and recent dispositions.

The filing lists a proposed sale of 833,800 shares (dated 02/23/2023), broker entries showing 787,024 and 46,776 shares, and a recent reported sale of 272,322 shares on 06/15/2026 for $12,259,936.44. The excerpt shows total shares outstanding as 69,822,989 as of 06/22/2026.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 sale notice lists proposed and recent sales without proceeds recipient detail.

The filing documents a proposed sale of 833,800 shares and a recorded disposition of 272,322 shares on 06/15/2026 for $12,259,936.44. It includes broker entries and an outstanding share count of 69,822,989 as of 06/22/2026.

Timing, exact beneficial sellers for each broker allocation, and whether resale is subject to holding-period or other conditions are not detailed in the excerpt; subsequent filings or broker confirmations would clarify transfer mechanics.

Reported disposals create potential near-term supply but are routine Rule 144 transactions.

The excerpt shows broker-allocated lots with Jefferies at 787,024 shares and Morgan Stanley at 46,776 shares, and a recent sale by a holder of 272,322 shares for $12,259,936.44. These entries document executed or proposed resale activity rather than company actions.

Market impact will depend on whether holders actually sell listed amounts; the filing does not specify execution method, timing, or whether sales are part of scheduled liquidity plans.

Proposed shares to be sold 833,800 shares dated 02/23/2023 (listed under Securities To Be Sold)
Broker allocation - Jefferies 787,024 shares Jefferies row with amount and proceeds $36,171,623.04, as of 06/22/2026
Broker allocation - Morgan Stanley 46,776 shares Morgan Stanley row with amount and proceeds $2,149,824.96, as of 06/22/2026
Shares sold in past 3 months 272,322 shares OrbiMed Private Investments VII, LP sale on 06/15/2026
Proceeds reported for recent sale $12,259,936.44 Proceeds tied to the 272,322-share sale on 06/15/2026
Shares outstanding 69,822,989 shares listed with broker rows as of 06/22/2026
Rule 144 regulatory
"notice of proposed sale of Common Stock under Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Common Stock financial
"Securities Information | Common Stock | Jefferies LLC"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Proposed sale regulatory
"Securities To Be Sold | Common Stock | 02/23/2023 | Merger | Issuer"
Selling holder financial
"OrbiMed Private Investments VII, LP | Common Stock | 06/15/2026"
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the ELVN Form 144 filing report?

The filing reports proposed and recent sales of Common Stock, including a proposed sale of 833,800 shares and a sale of 272,322 shares on 06/15/2026 for $12,259,936.44. It lists broker allocations and an outstanding share count.

Who sold shares according to the ELVN excerpt?

The excerpt names a selling holder, OrbiMed Private Investments VII, LP, reporting a sale of 272,322 shares on 06/15/2026 for $12,259,936.44. Broker rows show allocations to Jefferies and Morgan Stanley.

How many ELVN shares are shown outstanding in the filing?

The excerpt shows 69,822,989 shares outstanding as of 06/22/2026. That figure appears with broker allocation rows and provides a reference point for outstanding capital stock.

Does the Form 144 excerpt state how sales will be executed?

No; the provided excerpt lists proposed and recent share amounts and broker entries but does not specify execution methods, timing, or whether sales were via block trades, open-market transactions, or private placements.