COO of Vaxcyte (NASDAQ: PCVX) sells 2,250 shares in pre-set plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vaxcyte, Inc. Chief Operating Officer Jim Wassil reported open-market sales of a total of 2,250 shares of common stock on June 1, 2026, at weighted-average prices around $50 per share. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025.
After these sales, Wassil continues to hold about 158,000 shares of Vaxcyte common stock directly, indicating that the trades represent a small portion of his overall position and appear to be routine, pre-planned portfolio management rather than a change in fundamental outlook.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,250 shares ($111,416)
Net Sell
2 txns
Insider
Wassil Jim
Role
CHIEF OPERATING OFFICER
Sold
2,250 shs ($111K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,949 | $49.404 | $96K |
| Sale | Common Stock | 301 | $50.257 | $15K |
Holdings After Transaction:
Common Stock — 158,795 shares (Direct, null)
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 $49.03 to $49.93. 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 $50.205 to $51.01. 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.
Key Figures
Shares sold: 2,250 shares
Weighted-average sale price (block 1): $49.404/share
Weighted-average sale price (block 2): $50.257/share
+1 more
4 metrics
Shares sold
2,250 shares
Total common shares sold in open market on June 1, 2026
Weighted-average sale price (block 1)
$49.404/share
Common stock sales with prices from $49.03 to $49.93
Weighted-average sale price (block 2)
$50.257/share
Common stock sales with prices from $50.205 to $51.01
Shares held after transactions
about 158,000 shares
Direct holdings reported following June 1, 2026 sales
Key Terms
Rule 10b5-1 trading plan, weighted-average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"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 $49.03 to $49.93."
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
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 9, 2025."
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.
FAQ
What insider transaction did Vaxcyte (PCVX) report for COO Jim Wassil?
Vaxcyte’s COO Jim Wassil reported selling 2,250 shares of common stock in open-market transactions. The sales occurred on June 1, 2026, at weighted-average prices near $50 per share, as disclosed in a Form 4 insider trading report.
What type of insider transaction code is shown in the Vaxcyte (PCVX) Form 4?
The Form 4 shows transaction code “S,” indicating sales in the open market or private transactions. Both entries are classified as non-derivative common stock sales, reflecting straightforward disposals of existing shares rather than option exercises or conversions.