Pharvaris director plans sale of 14,493 shares
Rhea-AI Filing Summary
Pharvaris N.V. (PHVS) director Robert Howard Glassman filed a Rule 144 notice indicating an intention to sell up to 14,493 shares of Pharvaris common stock through Morgan Stanley Smith Barney LLC on September 17, 2026. The shares relate to a stock option exercise with cash payment.
The notice also lists prior sales by Robert Glassman over the preceding three months, including 8,667 and 8,000 Pharvaris common shares sold on September 15 and September 9, 2026, respectively.
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Key Figures
Shares proposed for sale: 14,493 shares
Aggregate market value of proposed sale: $558,812.40
Shares sold on September 15, 2026: 8,667 shares
+3 more
6 metrics
Shares proposed for sale
14,493 shares
Maximum Pharvaris common shares in the Rule 144 notice for September 17, 2026
Aggregate market value of proposed sale
$558,812.40
Associated with the 14,493 Pharvaris common shares in the Rule 144 filing
Shares sold on September 15, 2026
8,667 shares
Pharvaris common stock sold by Robert Glassman during the past three months
Proceeds from September 15, 2026 sale
$331,716.42
Aggregate proceeds from 8,667 Pharvaris common shares sold
Shares sold on September 9, 2026
8,000 shares
Pharvaris common stock sold by Robert R. Glassman during the past three months
Proceeds from September 9, 2026 sale
$300,396.00
Aggregate proceeds from 8,000 Pharvaris common shares sold
Key Terms
Rule 144, Stock Option Exercise, aggregate market value
3 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.
Stock Option Exercise financial
"Common | 09/17/2026 | 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.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 14493 | 558812.40"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for Pharvaris N.V. (PHVS)?
The filing discloses that director Robert Howard Glassman filed a Rule 144 notice to sell up to 14,493 Pharvaris common shares on September 17, 2026 following a stock option exercise, using Morgan Stanley Smith Barney LLC as the broker.
AI-generated analysis. How Rhea-AI works. Not financial advice.