Invivyd (IVVD) HR chief sells shares to cover RSU taxes under 10b5-1 plan
Rhea-AI Filing Summary
Invivyd, Inc. (IVVD) reported insider equity transactions by Chief Human Resources Officer Julie Green. On August 15, 2026, 102,000 restricted stock units converted into an equal number of common shares, representing vesting of an RSU award granted February 15, 2025. To satisfy related tax withholding obligations, she then sold 22,355 shares on August 17, 2026 at a weighted-average price of $0.722 per share and 18,425 shares on August 18, 2026 at a weighted-average price of $0.8429, in non-discretionary sell-to-cover transactions executed under a Rule 10b5-1 trading plan adopted February 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Green Julie
Role
Chief Human Resources Officer
Sold
40,780 shs ($32K)
Approx. gross sale proceeds
$32K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F4 | 18,425 | $0.8429 | $16K |
| Sale | Common Stock F2, F3 | 22,355 | $0.722 | $16K |
| Exercise | Restricted Stock Units F1, F5 | 102,000 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 102,000 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 168,937 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Invivyd, Inc. (the "Company").
- F2. The sales reported on this Form 4 represent shares sold to satisfy the Reporting Person's tax withholding obligations upon vesting of an RSU award in non-discretionary "sell-to-cover" transactions pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on February 20, 2025.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.682 to $0.830, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
- F4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.760 to $0.872, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.
- F5. This RSU award vests over an eighteen-month period, with one-third of the RSUs vesting every six months following the grant date of February 15, 2025, subject to the Reporting Person's continuous service as of each vesting date.
Key Figures
Shares sold August 17, 2026: 22,355 shares
Weighted-average sale price August 17, 2026: $0.722 per share
Shares sold August 18, 2026: 18,425 shares
+4 more
7 metrics
Shares sold August 17, 2026
22,355 shares
Common stock sale to cover tax withholding
Weighted-average sale price August 17, 2026
$0.722 per share
Prices ranged from $0.682 to $0.830
Shares sold August 18, 2026
18,425 shares
Common stock sale to cover tax withholding
Weighted-average sale price August 18, 2026
$0.8429 per share
Prices ranged from $0.760 to $0.872
RSUs converted to common stock
102,000 shares
RSU conversion into common stock on August 15, 2026
RSU vesting period
18 months
One-third vests every six months after February 15, 2025 grant
Rule 10b5-1 plan adoption date
February 20, 2025
Plan governing sell-to-cover transactions
Key Terms
restricted stock unit ("RSU"), sell-to-cover, Rule 10b5-1 plan, weighted average price
4 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
sell-to-cover financial
"shares sold to satisfy the Reporting Person's tax withholding obligations upon vesting"
Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.
Rule 10b5-1 plan financial
"non-discretionary "sell-to-cover" transactions pursuant to a Rule 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
What insider transactions did Invivyd (IVVD) executive Julie Green report on this Form 4?
Julie Green reported vesting and conversion of 102,000 RSUs into common stock on August 15, 2026, followed by sales of 22,355 shares on August 17 and 18,425 shares on August 18, primarily to cover tax withholding obligations.
What RSU vesting schedule did Invivyd (IVVD) report for Julie Green’s award?
The RSU award for Julie Green vests over eighteen months, with one-third of the restricted stock units vesting every six months after the February 15, 2025 grant date, subject to her continuous service with Invivyd as of each vesting date.
Was Julie Green’s Invivyd (IVVD) trading activity under a Rule 10b5-1 plan?
Yes. The filing states the sell-to-cover transactions were made under a Rule 10b5-1 trading plan that Julie Green adopted on February 20, 2025, indicating the sales followed a pre-arranged, non-discretionary trading program.
How many Invivyd (IVVD) RSUs converted to common stock for Julie Green?
A total of 102,000 restricted stock units (RSUs) converted into 102,000 shares of common stock for Julie Green on August 15, 2026, reflecting a scheduled vesting event from an RSU award originally granted on February 15, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.