Nuvalent CEO exercises options, sells 30K shares
Nuvalent, Inc. President and CEO James Richard Porter reported an exercise-and-sell transaction involving company stock.
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Form Type
4
Rhea-AI Filing Summary
Nuvalent, Inc. President and CEO James Richard Porter reported an exercise-and-sell transaction involving company stock. He exercised stock options covering 13,714 shares of Class A Common Stock at an exercise price of $18.93 per share and 16,286 shares at $27.85 per share, acquiring 30,000 shares in total. On the same date, he sold 30,000 shares of Class A Common Stock in open-market transactions at prices reported as $103.21, $103.78, $104.78 and $105.60 per share. According to a footnote, these sales were made pursuant to a Rule 10b5-1 trading plan adopted on December 4, 2025. Following the transactions, he directly held 324,879 shares of Nuvalent Class A Common Stock.
Insider Trade Summary 10b5-1
Exercise and Sale: 30,000 shares ($2.40M approx. pre-tax spread)
Exercise and Sale
8 txns
Insider
Porter James Richard
Role
President and CEO
Sold
30,000 shs ($3.11M)
Approx. gross sale proceeds
$3.11M
Approx. exercise cost
$713K
Approx. pre-tax spread
$2.40M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 13,714 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 16,286 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 13,714 | $18.93 | $260K |
| Exercise | Class A Common Stock | 16,286 | $27.85 | $454K |
| Sale | Class A Common Stock | 11,354 | $103.21 | $1.17M |
| Sale | Class A Common Stock | 12,425 | $103.78 | $1.29M |
| Sale | Class A Common Stock | 6,121 | $104.78 | $641K |
| Sale | Class A Common Stock | 100 | $105.60 | $11K |
Holdings After Transaction:
Stock Option (Right to Buy) — 340,180 contracts (Direct);
Class A Common Stock — 324,879 shares (Direct)
Footnotes (6)
- 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 $102.52 to $103.51, 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 (4) of this Form 4.
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.52 to $104.51, inclusive.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.52 to $105.48, inclusive.
- F5. The shares underlying this option are fully vested.
- F6. 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
Options exercised at $18.93: 13,714 shares
Options exercised at $27.85: 16,286 shares
Total shares from option exercises: 30,000 shares
+5 more
8 metrics
Options exercised at $18.93
13,714 shares
Stock options exercised at $18.93 per share into Class A Common Stock
Options exercised at $27.85
16,286 shares
Stock options exercised at $27.85 per share into Class A Common Stock
Total shares from option exercises
30,000 shares
Combined underlying shares from both stock option exercises
Shares sold at $103.21
11,354 shares
Open-market sale at a weighted average price of $103.21 per share
Shares sold at $103.78
12,425 shares
Open-market sale at a weighted average price of $103.78 per share
Shares sold at $104.78
6,121 shares
Open-market sale at a weighted average price of $104.78 per share
Shares sold at $105.60
100 shares
Open-market sale at a price of $105.60 per share
Post-transaction direct holdings
324,879 shares
Directly held Nuvalent Class A Common Stock after all reported transactions
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy, weighted average price, Class A Common Stock, +2 more
6 terms
Rule 10b5-1 trading plan financial
"These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 4, 2025."
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.
Stock Option (Right to Buy financial
"security_title: Stock Option (Right to Buy)"
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.52 to $103.51, inclusive."
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.
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nuvalent (NUVL) CEO James Richard Porter report?
Nuvalent CEO James Richard Porter exercised options for 30,000 shares and sold 30,000 shares of Class A Common Stock. The filing shows option exercises followed by open-market sales, leaving him with 324,879 directly held shares after the transactions.
What stock options did the Nuvalent (NUVL) CEO exercise in this transaction?
He exercised stock options covering 13,714 shares at an exercise price of $18.93 per share and 16,286 shares at $27.85 per share. Both option exercises converted into Class A Common Stock on the same transaction date, totaling 30,000 underlying shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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