Nuvalent CEO exercises options and sells 30K shares
Nuvalent, Inc. President and CEO James Richard Porter executed a pre-planned option exercise and related share sale.
Rhea-AI Filing Summary
Nuvalent, Inc. President and CEO James Richard Porter executed a pre-planned option exercise and related share sale. He exercised stock options covering 30,000 shares of Class A Common Stock at $18.93 per share and sold 30,000 shares in open-market transactions at a weighted average price of $123.72 per share.
The filing states these trades were carried out under a Rule 10b5-1 trading plan adopted on December 4, 2025, indicating they were scheduled in advance. Following the transactions, Porter directly holds 324,879 shares of Class A Common Stock. The options exercised were fully vested and no remaining derivative holdings are shown in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 30,000 shares ($3.14M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Porter James Richard
Role
President and CEO
Sold
30,000 shs ($3.71M)
Approx. gross sale proceeds
$3.71M
Approx. exercise cost
$568K
Approx. pre-tax spread
$3.14M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 30,000 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 30,000 | $18.93 | $568K |
| Sale | Class A Common Stock | 30,000 | $123.72 | $3.71M |
Holdings After Transaction:
Stock Option (Right to Buy) — 118,686 contracts (Direct);
Class A Common Stock — 324,879 shares (Direct)
Footnotes (3)
- F1. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 4, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.66 to $123.78, 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 are fully vested.
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $123.72/share
Option exercise shares: 30,000 shares
+3 more
6 metrics
Shares sold
30,000 shares
Class A Common Stock sold in open-market transaction on July 6, 2026
Weighted average sale price
$123.72/share
Open-market sale price range $123.66–$123.78 on July 6, 2026
Option exercise shares
30,000 shares
Stock option for Class A Common Stock exercised on July 6, 2026
Option exercise price
$18.93/share
Exercise price of stock option (right to buy) converted on July 6, 2026
Post-transaction holdings
324,879 shares
Direct Class A Common Stock ownership after transactions
Option expiration date
January 4, 2032
Expiration date of exercised stock option prior to conversion
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 by the reporting person"
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 transactions"
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 is listed as Stock Option (Right to Buy) with underlying Class A Common Stock"
Class A Common Stock financial
"Security title Class A Common Stock is reported for both the sale and option exercise"
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.
derivative exercise/conversion financial
"Transaction action is described as derivative exercise/conversion for the option-related entries"
FAQ
What did Nuvalent (NUVL) CEO James Richard Porter report in this Form 4?
James Richard Porter reported exercising stock options for 30,000 Nuvalent Class A shares and selling 30,000 shares in open-market trades. These transactions reflect an exercise-and-sell pattern under a pre-arranged trading plan and update his direct share ownership.
What stock options did Nuvalent (NUVL) CEO exercise in this filing?
He exercised a stock option for 30,000 shares of Nuvalent Class A Common Stock at an exercise price of $18.93 per share. The filing states the shares underlying this option are fully vested, and the option was scheduled to expire on January 4, 2032.
What does the weighted average sale price mean in the Nuvalent (NUVL) Form 4?
The weighted average price of $123.72 per share represents the combined pricing of multiple individual trades between $123.66 and $123.78. The filer offers to provide detailed trade-by-trade share counts and prices to the SEC, the company, or shareholders upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
