Nuvalent (NUVL) CMO files Form 4 on stock sales, RSU grant and options
Rhea-AI Filing Summary
Nuvalent, Inc. Chief Medical Officer Christopher Durant Turner reported multiple sales of Class A common stock on January 5–6, 2026, at weighted average prices generally in the $96–$99 range. The filing notes these sales were executed under a durable Rule 10b5-1 sell-to-cover instruction entered into on December 6, 2023 to cover tax withholding on previously vested equity awards.
On January 7, 2026, he reported the acquisition of 17,500 restricted stock units (RSUs), each representing one share of Class A common stock, which vest in three equal annual installments following January 7, 2026, subject to continued service. He also received a stock option for 17,500 shares with an exercise price of $106.82, vesting in equal monthly installments over four years following January 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 17,500 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 17,500 | $0.00 | -- |
| Sale | Class A Common Stock | 1,321 | $96.75 | $128K |
| Sale | Class A Common Stock | 1,635 | $97.33 | $159K |
| Sale | Class A Common Stock | 225 | $98.40 | $22K |
| Sale | Class A Common Stock | 871 | $96.06 | $84K |
| Sale | Class A Common Stock | 1,119 | $96.85 | $108K |
| Sale | Class A Common Stock | 1,929 | $97.96 | $189K |
| Sale | Class A Common Stock | 317 | $98.52 | $31K |
Footnotes (1)
- 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.34 to $96.33, 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 within the ranges set forth in footnotes (2) through (8) of this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.34 to $97.33, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.34 to $98.33, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.34 to $99.10, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.03 to $97.02, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.03 to $98.02, inclusive. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.04 to $98.74, inclusive. Consists of shares of Nuvalent, Inc. Class A Common Stock issuable under restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Nuvalent, Inc. Class A Common Stock. The RSUs vest in three equal annual installments following January 7, 2026, subject to continued service to Nuvalent, Inc. through the applicable vesting date. The shares underlying this option vest over the four years following January 7, 2026 in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.
FAQ
What insider activity did Nuvalent (NUVL) report in this Form 4?
The Form 4 shows that Chief Medical Officer Christopher Durant Turner reported multiple sales of Nuvalent, Inc. Class A Common Stock on January 5–6, 2026, and reported new equity awards, including restricted stock units and a stock option, on January 7, 2026.
How many Nuvalent (NUVL) RSUs were granted to the CMO and how do they vest?
The CMO was granted 17,500 restricted stock units (RSUs) on January 7, 2026. Each RSU represents one share of Nuvalent Class A Common Stock and vests in three equal annual installments following January 7, 2026, subject to continued service.
What stock option grant did the Nuvalent (NUVL) CMO receive?
He received a stock option to buy 17,500 shares of Nuvalent Class A Common Stock with an exercise price of $106.82. The option vests in equal monthly installments over four years following January 7, 2026, subject to continued service.
Were the Nuvalent (NUVL) stock sales discretionary or under a plan?
The filing states the sales were made under a durable Rule 10b5-1 sell-to-cover instruction letter entered into on December 6, 2023. The purpose was to satisfy tax withholding obligations arising from the vesting of previously granted equity awards.