Affiliate files notice to sell 4,667 & 4,137 shares (NASDAQ: PHVS)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC Executive Financial Services filed a Form 144 notice related to proposed sales of Common Stock of PHVS. The excerpt lists 4,667 shares described as Restricted Stock with a 04/11/2025 date and 4,137 shares from a Stock Option Exercise with a 05/15/2026 date.

Insights

Securities Compliance Analyst

Form 144 records proposed affiliate resale activity, not a completed sale.

The filing excerpt lists two planned dispositions: 4,667 shares labeled Restricted Stock dated 04/11/2025, and 4,137 shares tied to a Stock Option Exercise dated 05/15/2026. Form 144 is a notice of intent to sell by an affiliate and does not itself effect a sale.

Cash‑flow treatment and whether sales were executed are not shown in the excerpt; subsequent trade reporting or broker records would confirm execution. Future filings would disclose completed transactions.

Key Figures

Restricted Stock shares: 4,667 shares Stock option exercise shares: 4,137 shares Filing type: Form 144 notice

3 metrics

Restricted Stock shares 4,667 shares <date>04/11/2025</date>

Stock option exercise shares 4,137 shares <date>05/15/2026</date>

Filing type Form 144 notice Affiliate resale notice

Key Terms

Restricted Stock, Stock Option Exercise, Form 144

3 terms

Restricted Stock financial

"Common | 04/11/2025 | Restricted Stock | Issuer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Stock Option Exercise financial

"Common | 05/15/2026 | Stock Option Exercise | Issuer"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	8804	262567.04	65423863	05/15/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/11/2025	Restricted Stock	Issuer			4667	04/11/2025	Not Applicable
Common	05/15/2026	Stock Option Exercise	Issuer			4137	05/15/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the PHVS Form 144 filing show?

It shows a proposed affiliate resale of Common Stock. The excerpt lists 4,667 Restricted Stock dated 04/11/2025 and 4,137 shares from a stock option exercise dated 05/15/2026

Does the Form 144 mean PHVS shares were sold?

No; Form 144 is a notice of intent to sell by an affiliate, not proof of sale. The excerpt lists proposed dispositions but does not report whether trades were executed or proceeds were received.

Who is listed as the filer on the PHVS excerpt?

The excerpt names Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY. The filing identifies that entity as the filer related to the listed securities.

What types of securities are included in this PHVS filing?

The excerpt lists Restricted Stock and shares from a Stock Option Exercise. Specific counts shown are 4,667 and 4,137, respectively, with the dates 04/11/2025 and 05/15/2026