Vaxcyte (PCVX) COO sells 2,250 shares in planned Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vaxcyte, Inc. chief operating officer Jim Wassil reported open-market sales of 2,250 shares of common stock. On April 1, 2026, he sold 1,412 shares at a weighted-average price of $58.138 and 838 shares at a weighted-average price of $58.932.
After these sales, he directly owned 162,994 shares of Vaxcyte common stock. The transactions were effected under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025. A footnote also describes prior share transfers to his ex-spouse pursuant to a divorce settlement domestic relations order.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,250 shares ($131,476)
Net Sell
2 txns
Insider
Wassil Jim
Role
CHIEF OPERATING OFFICER
Sold
2,250 shs ($131K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,412 | $58.138 | $82K |
| Sale | Common Stock | 838 | $58.932 | $49K |
Holdings After Transaction:
Common Stock — 165,406 shares (Direct)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 9, 2025. The price reported is a weighted-average price. The shares were sold at prices ranging from $57.695 to $58.69. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price. The price reported is a weighted-average price. The shares were sold at prices ranging from $58.74 to $59.215. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price. The Reporting Person entered into a divorce settlement agreement with his ex-spouse (the "Settlement Agreement") pursuant to a "domestic relations order" as defined in Section 16(a)(12) of the Securities Exchange Act of 1934, as amended. On March 25 and 26, 2026, the Reporting Person transferred 962 and 612 shares, respectively, of Vaxcyte, Inc. Common Stock to his ex-spouse pursuant to the Settlement Agreement. Accordingly, the Reporting Person will not report beneficial ownership of or dispositions of the disposed shares in future Section 16(a) filings.
Key Figures
Total shares sold: 2,250 shares
First sale size: 1,412 shares
First sale price: $58.138 per share
+5 more
8 metrics
Total shares sold
2,250 shares
Open-market sales on April 1, 2026
First sale size
1,412 shares
Common stock sold at weighted-average $58.138
First sale price
$58.138 per share
Weighted-average price for 1,412-share sale
Second sale size
838 shares
Common stock sold at weighted-average $58.932
Second sale price
$58.932 per share
Weighted-average price for 838-share sale
Shares held after trades
162,994 shares
Direct ownership after April 1, 2026 sales
Divorce transfer March 25
962 shares
Transferred to ex-spouse under domestic relations order
Divorce transfer March 26
612 shares
Transferred to ex-spouse under domestic relations order
Key Terms
Rule 10b5-1 trading plan, weighted-average price, domestic relations order, Section 16(a), +1 more
5 terms
Rule 10b5-1 trading plan financial
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 9, 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.
weighted-average price financial
"The price reported is a weighted-average price. The shares were sold at prices ranging from $57.695 to $58.69."
domestic relations order regulatory
"pursuant to a "domestic relations order" as defined in Section 16(a)(12) of the Securities Exchange Act of 1934, as amended."
Section 16(a) regulatory
"Accordingly, the Reporting Person will not report beneficial ownership of or dispositions of the disposed shares in future Section 16(a) filings."
beneficial ownership financial
"Accordingly, the Reporting Person will not report beneficial ownership of or dispositions of the disposed shares in future Section 16(a) filings."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did Vaxcyte (PCVX) COO Jim Wassil report in this Form 4?
COO Jim Wassil reported selling 2,250 Vaxcyte common shares in open-market trades. The sales occurred on April 1, 2026 under a pre-arranged Rule 10b5-1 trading plan and left him holding 162,994 shares directly.
Were the Vaxcyte (PCVX) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on December 9, 2025. Such pre-arranged plans schedule trades in advance, helping separate routine portfolio management from discretionary market-timed transactions.
What does weighted-average price mean in this Vaxcyte (PCVX) insider sale filing?
Weighted-average price means multiple trades occurred within a price range and are reported as a single average price. The filing notes ranges of $57.695–$58.69 and $58.74–$59.215 and offers full trade-by-trade details to regulators or shareholders upon request.