Director at enVVeno Medical (NASDAQ: NVNO) sells 140 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
enVVeno Medical Corp director Francis Duhay sold a small block of company stock in a pre-planned trade. On June 11, 2026, he completed an open-market sale of 140 shares of common stock at $10.305 per share. After this transaction, he directly holds 2,362 shares of enVVeno Medical Corp common stock. The sale was executed under a Rule 10b5-1 trading plan that he adopted in June 2025, indicating the trade was pre-scheduled rather than a discretionary decision based on recent developments.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 140 shares ($1,443)
Net Sell
1 txn
Insider
Duhay Francis
Role
Director
Sold
140 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 140 | $10.305 | $1K |
Holdings After Transaction:
Common Stock — 2,362 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 140 shares
Sale price: $10.305 per share
Shares held after: 2,362 shares
3 metrics
Shares sold
140 shares
Open-market sale on June 11, 2026
Sale price
$10.305 per share
Price for 140 common shares sold
Shares held after
2,362 shares
Direct ownership following the transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, transaction code "S"
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was completed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in June 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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"transaction_code_description: "Sale in open market or private transaction""
FAQ
What insider transaction did enVVeno Medical Corp (NVNO) report for Francis Duhay?
enVVeno Medical Corp reported that director Francis Duhay sold 140 shares of common stock in an open-market transaction on June 11, 2026. The shares were sold at $10.305 per share under an existing Rule 10b5-1 trading plan.
Was Francis Duhay’s enVVeno Medical Corp (NVNO) stock sale pre-planned?
Yes. The filing states the transaction was completed under a Rule 10b5-1 trading plan adopted by Francis Duhay in June 2025. Such plans are pre-arranged trading programs, indicating the timing of this 140-share sale was scheduled in advance.
What type of transaction did enVVeno Medical Corp (NVNO) disclose for Francis Duhay?
The company disclosed an open-market sale of common stock by director Francis Duhay. The Form 4 lists a transaction code “S,” describing a sale in the open market or a private transaction, covering 140 shares at $10.305 per share.