Nuvalent CDO sells 5,500 shares in planned trade
Nuvalent, Inc. Chief Development Officer Darlene Noci reported an exercise-and-sell transaction in Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Nuvalent, Inc. Chief Development Officer Darlene Noci reported an exercise-and-sell transaction in Class A Common Stock. She exercised stock options to acquire 5,500 shares at $27.85 per share and sold 5,500 shares in open-market trades at a weighted average price of $123.51 per share.
The filing shows these transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on November 18, 2024. After the sale, she directly held 58,117 shares of Nuvalent Class A Common Stock.
Insider Trade Summary 10b5-1
Exercise and Sale: 5,500 shares ($526K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Noci Darlene
Role
Chief Development Officer
Sold
5,500 shs ($679K)
Approx. gross sale proceeds
$679K
Approx. exercise cost
$153K
Approx. pre-tax spread
$526K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,500 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 5,500 | $27.85 | $153K |
| Sale | Class A Common Stock | 5,500 | $123.51 | $679K |
Holdings After Transaction:
Stock Option (Right to Buy) — 81,329 contracts (Direct);
Class A Common Stock — 58,117 shares (Direct)
Footnotes (3)
- F1. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.47 to $123.56, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, Nuvalent, Inc. or any security holder of Nuvalent, Inc., upon request, full information regarding the number of shares sold at each separate price.
- F3. The shares underlying this option have vested or shall vest over the four years following January 6, 2023 in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.
Key Figures
Shares sold: 5,500 shares
Weighted average sale price: $123.51/share
Option exercise price: $27.85/share
+4 more
7 metrics
Shares sold
5,500 shares
Class A Common Stock sold in open market on June 29, 2026
Weighted average sale price
$123.51/share
Open-market sales in multiple trades on June 29, 2026
Option exercise price
$27.85/share
Stock Option (Right to Buy) for 5,500 shares
Shares acquired via option exercise
5,500 shares
Class A Common Stock acquired by exercising derivative security
Post-transaction holdings
58,117 shares
Direct Class A Common Stock ownership after sale
Option expiration date
January 6, 2033
Expiration of Stock Option (Right to Buy)
Rule 10b5-1 plan adoption date
November 18, 2024
Pre-arranged trading plan governing the transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), Class A Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple..."
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.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)" with an exercise price of 27.85..."
Class A Common Stock financial
"security_title: "Class A Common Stock" for both sale and option exercise entries..."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale" with transaction_code "S" for 5,500 shares..."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nuvalent (NUVL) Chief Development Officer Darlene Noci report in this Form 4?
Darlene Noci reported exercising options and selling shares of Nuvalent stock. She exercised 5,500 stock options at $27.85 per share and sold 5,500 Class A Common shares in open-market transactions at a weighted average price of $123.51 per share.
Were the Nuvalent (NUVL) insider transactions made under a Rule 10b5-1 plan?
Yes, the transactions were made under a Rule 10b5-1 trading plan. The filing states the plan was adopted by the reporting person on November 18, 2024, indicating the exercise-and-sell sequence was pre-arranged rather than timed discretionarily.
What stock option terms are disclosed in the Nuvalent (NUVL) Form 4?
The filing describes a stock option with a $27.85 exercise price. The option covers 5,500 shares of Class A Common Stock, expires on January 6, 2033, and vests in equal monthly installments over four years following January 6, 2023, subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
