Pharvaris director plans $300K stock sale
Rhea-AI Filing Summary
Pharvaris N.V. (PHVS) is the issuer for which a Form 144 notice has been filed by director Robert R. Glassman, indicating an intended sale of common shares under Rule 144. The filing lists a proposed sale of 8,000 common shares through Morgan Stanley Smith Barney LLC, in connection with a stock option exercise dated September 9, 2026, with an aggregate value of $300,396.00 and listing on NASDAQ.
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Key Figures
Shares proposed to be sold: 8,000 shares
Aggregate value of shares: $300,396.00
Planned sale date: September 9, 2026
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4 metrics
Shares proposed to be sold
8,000 shares
Common shares of Pharvaris N.V. in the Form 144 notice
Aggregate value of shares
$300,396.00
Value associated with the 8,000 common shares listed for sale
Planned sale date
September 9, 2026
Date shown for the common shares and stock option exercise
Security type
Common shares
Class of securities to be sold under Rule 144
Key Terms
Rule 144, Form 144, Stock Option Exercise, Issuer
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"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.
Stock Option Exercise financial
"Common | 09/09/2026 | 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.
Issuer financial
"Stock Option Exercise | Issuer"
FAQ
What does the Form 144 filing mean for Pharvaris N.V. (PHVS)?
The Form 144 gives notice that director Robert R. Glassman intends to sell 8,000 Pharvaris N.V. common shares under Rule 144. It is a disclosure of a proposed sale by an affiliate and does not, by itself, change the company’s capital structure.
What is the relationship of the seller to Pharvaris N.V. (PHVS)?
The person for whose account the securities are to be sold is Robert R. Glassman, identified in the filing as a Director of Pharvaris N.V. This makes him an affiliate whose sales are subject to Rule 144 limitations and disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.