Nuvation Bio Executive Shows Confidence with $90,000 Stock Purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kerry Wentworth, Chief Regulatory Officer of Nuvation Bio (NUVB), reported significant insider purchases on June 16, 2025. The transactions involved:
- First purchase: 26,000 shares of Class A Common Stock at $1.79 per share
- Second purchase: 24,000 shares of Class A Common Stock at $1.80 per share
Following these transactions, Wentworth directly owns a total of 50,000 shares of Class A Common Stock. The insider's substantial purchase of shares, totaling approximately $89,740, could signal confidence in the company's future prospects. The Form 4 was filed through an attorney-in-fact, Stephen Dang, on June 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares ($89,740)
Net Buy
2 txns
Insider
Wentworth Kerry
Role
CHIEF REGULATORY OFFICER
Bought
50,000 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 26,000 | $1.79 | $47K |
| Purchase | Class A Common Stock | 24,000 | $1.80 | $43K |
Holdings After Transaction:
Class A Common Stock — 26,000 shares (Direct)
Footnotes (1)
FAQ
What was the total value of NUVB insider purchase by Kerry Wentworth in June 2025?
The total value of Kerry Wentworth's purchase was approximately $89,740, calculated from 26,000 shares at $1.79 ($46,540) plus 24,000 shares at $1.80 ($43,200).
What position does Kerry Wentworth hold at NUVB?
Kerry Wentworth serves as the Chief Regulatory Officer at Nuvation Bio Inc. (NUVB).
Was NUVB insider Kerry Wentworth's stock purchase made under a 10b5-1 trading plan?
No, the Form 4 filing does not indicate that the transactions were made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox was not marked on the form.