Nuvalent CSO sells 2,111 shares under 10b5-1 plan
Nuvalent, Inc. Chief Scientific Officer Henry E. Pelish reported an open-market sale of 2,111 shares of Class A common stock at $123.81 per share on July 9, 2026.
Rhea-AI Filing Summary
Nuvalent, Inc. Chief Scientific Officer Henry E. Pelish reported an open-market sale of 2,111 shares of Class A common stock at $123.81 per share on July 9, 2026. The transaction was executed pursuant to a durable Rule 10b5-1 sell-to-cover instruction to satisfy tax withholding obligations upon vesting of previously granted equity awards. Following this transaction, Pelish directly holds 63,493 shares of Nuvalent Class A common stock.
Positive
- None.
Negative
- None.
Insights
Routine tax-related insider sale under a pre-arranged 10b5-1 plan.
Chief Scientific Officer Henry E. Pelish sold 2,111 Nuvalent Class A shares at $123.81 on July 9, 2026. The footnote states this was executed under a durable Rule 10b5-1 sell-to-cover instruction to satisfy tax withholding on vested equity awards, indicating a planned, administrative transaction.
After the sale, Pelish still holds 63,493 shares directly, so the disposition reflects only a small portion of his position. Because the sale is both tax-driven and pursuant to a pre-established Rule 10b5-1 arrangement, its informational value about management’s view of the stock is limited.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 2,111 | $123.81 | $261K |
Footnotes (1)
- F1. The sale was effected pursuant to a durable Rule 10b5-1 sell-to-cover instruction letter entered into on December 6, 2023 to satisfy the reporting person's tax withholding obligations upon the vesting of previously granted equity awards.
Key Figures
Key Terms
Rule 10b5-1 regulatory
sell-to-cover financial
tax withholding obligations financial
equity awards financial
FAQ
What insider transaction did Nuvalent (NUVL) report for Henry E. Pelish?
Was Henry E. Pelish’s Nuvalent (NUVL) stock sale made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.