IVVD Insider Notice: 39,600 Shares from Vested RSUs to Be Sold
Rhea-AI Filing Summary
Invivyd, Inc. filed a Form 144 announcing a proposed sale of 39,600 shares of its common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $28,001.16. The filing states the shares were acquired on 08/15/2025 upon vesting of restricted stock units granted under the company’s 2021 Equity Incentive Plan and that payment was classified as Equity Compensation. The filer indicates no sales of the issuer’s securities in the past three months. The approximate date of sale is listed as 08/18/2025 on Nasdaq. The notice includes the standard attestation that the seller is not aware of undisclosed material adverse information.
Positive
- Clear disclosure of broker, share count, aggregate market value, acquisition date, and proposed sale date
- Source of shares explicitly stated as vested restricted stock units under the 2021 Equity Incentive Plan
- No reported sales of the issuer's securities by the person in the past three months
Negative
- Proposed market sale of insider-held shares may increase available float in the near term
- Form does not identify the specific seller by name or provide further context about the reason for sale
Insights
TL;DR: Routine insider notice of proposed sale of vested RSU shares through a broker, with no prior reported sales in past three months.
This Form 144 documents a planned market sale of 39,600 common shares acquired by vesting of restricted stock units on 08/15/2025, executed via Morgan Stanley Smith Barney LLC and targeted for Nasdaq on 08/18/2025. The filing notes the consideration type as equity compensation and explicitly reports no securities sold by the person in the prior three months. For investors, this is a standard regulatory disclosure that enables public sale under Rule 144; it contains no new financial performance data or disclosures of material adverse information.
TL;DR: Compliance-oriented filing showing an insider converting vested RSUs to common stock and notifying the market of a planned sale.
The filing reflects compliance with Rule 144 procedural requirements: it identifies the broker, the source of the shares