IVVD insider files Form 144 to sell 66,000 shares after RSU vesting

Rhea-AI Filing Summary

Form 144 notice for Invivyd, Inc. (IVVD): An insider filed a proposed sale of 66,000 shares of Common Stock on Nasdaq with an aggregate market value of $46,668.60, approximately 0.055% of the reported 120,142,811 shares outstanding. The securities were acquired on 08/15/2025 when 165,000 shares vested as restricted stock units under the company's 2021 Equity Incentive Plan, and the sale was slated for 08/18/2025 through Morgan Stanley Smith Barney LLC Executive Financial Services. The filer certifies absence of undisclosed material adverse information and notes no securities sold in the past three months.

Insights

Securities Analyst

TL;DR: Small, routine insider sale following RSU vesting; unlikely to be materially market-moving.

The filing reports a planned sale of 66,000 shares acquired via RSU vesting three days earlier. The sale size represents roughly 0.055% of outstanding shares, indicating the transaction is administrative/liquidity-driven rather than a signal of company distress. Broker details and transaction dates are provided, and the filer attests no undisclosed material adverse information. Given the short window between vesting and notice, investors may note insider liquidity but should treat this as routine equity compensation monetization.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; documentation shows RSU vesting and planned brokered sale.

The notice documents acquisition via restricted stock unit vesting under the 2021 Equity Incentive Plan and identifies the executing broker. The filer affirms the absence of material nonpublic information, and there are no reported sales in the prior three months. From a governance perspective, the filing meets procedural norms for insider dispositions under Rule 144 and references potential Rule 10b5-1 considerations, though no plan adoption date is shown.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	66000	46668.6	120142811	08/18/2025	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	08/15/2025	Common Stock acquired upon vesting of restricted stock units granted under the Issuer's 2021 Equity Incentive Plan	Issuer			165000	08/15/2025	Equity Compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Invivyd (IVVD) disclose in the Form 144?

The filing discloses a proposed sale of 66,000 Common Stock shares through Morgan Stanley Smith Barney, with an aggregate market value of $46,668.60 and an approximate sale date of 08/18/2025.

How were the shares being sold acquired?

The shares were acquired on 08/15/2025 upon vesting of restricted stock units granted under Invivyd's 2021 Equity Incentive Plan; 165,000 securities were acquired on that date.

How large is the proposed sale relative to outstanding shares of IVVD?

The proposed 66,000-share sale is about 0.055% of the reported 120,142,811 shares outstanding.

Did the filer report other sales in the past three months?

No; the filing states Nothing to Report for securities sold during the past three months.

Does the filing indicate the filer knows material nonpublic information?

By signing the notice, the person represents they do not know any undisclosed material adverse information regarding the issuer.