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
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Negative
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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.
At what prices did the Nuvalent (NUVL) CMO sell shares in January 2026?
The reported sales of Class A Common Stock on January 5–6, 2026 were executed at weighted average prices, including $96.06, $96.85, $97.96, $98.52, $96.75, $97.33 and $98.40 per share. Footnotes state these were averages for multiple trades within specified price ranges.
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.
How many Nuvalent (NUVL) shares did the CMO hold after these transactions?
Following the reported transactions, the Form 4 shows the CMO beneficially owned 72,630 shares of Nuvalent Class A Common Stock directly as of the final reported transaction on January 7, 2026.