IVVD insider sale: 39,600 shares from RSU vesting to be sold Aug 18, 2025
Rhea-AI Filing Summary
Invivyd, Inc. (IVVD) filed a Form 144 reporting a proposed sale of 39,600 shares of common stock on 08/18/2025 through Morgan Stanley Smith Barney LLC, with an aggregate market value of $28,001.16. The shares were acquired on 08/15/2025 upon vesting of restricted stock units granted under the Issuer's 2021 Equity Incentive Plan; 99,000 shares were acquired upon vesting and payment was by equity compensation on 08/15/2025. The filing shows 120,142,811 shares outstanding and indicates no reported sales by the seller in the past three months.
Positive
- Full disclosure of planned sale: Form 144 provides broker, share count, market value, and planned sale date.
- Securities originated from RSU vesting: The shares were acquired on 08/15/2025 under the 2021 Equity Incentive Plan, indicating compensation-based acquisition rather than a new purchase.
- No sales in prior three months: The filer reported "Nothing to Report" for securities sold during the past three months, suggesting this is not part of recent frequent selling.
Negative
- None.
Insights
TL;DR: Routine insider sale disclosure; shares originated from RSU vesting and will be sold through an institutional broker.
The Form 144 documents a planned sale of 39,600 common shares with an aggregate market value of $28,001.16, executed via Morgan Stanley Smith Barney LLC. The underlying position arose from restricted stock units vesting on 08/15/2025 under the companys 2021 Equity Incentive Plan. No sales by the reporting person were reported in the prior three months, suggesting this is a discrete disposition tied to recent vesting rather than ongoing liquidation.
TL;DR: Disclosure aligns with Rule 144 requirements; transaction appears procedural and compliant.
The filer has provided the necessary Rule 144 information: acquisition date, nature of acquisition (equity compensation), broker details, and planned sale date. The representation regarding lack of material nonpublic information is included on the form. This filing fulfills routine insider reporting and transfer mechanics following RSU vesting.