Pharvaris (PHVS) CTO-level executive corrects Form 3/A to 49,216 shares
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
Pharvaris N.V. insider Stefan Andreas Abele, Chief Technical Ops Officer, filed an amended ownership report. The amendment corrects his holdings to reflect 49,216 shares of Common Stock beneficially owned directly after certain restricted stock units vested and related tax settlement timing delayed their appearance in the original filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abele Stefan Andreas
Role
Chief Technical Ops Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,216 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Beneficial ownership: 49,216 shares
Holding entries: 1 entry
Unknown transaction records: 1 record
3 metrics
Beneficial ownership
49,216 shares
Common Stock directly held after Form 3/A correction
Holding entries
1 entry
Single holding entry with unknown transaction code
Unknown transaction records
1 record
Transaction summary shows one unknown/holding entry
Key Terms
restricted stock units, beneficially owned, Form 3/A
3 terms
restricted stock units financial
"Certain restricted stock units had vested, and due to timing of tax settlement processing..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
beneficially owned financial
"This amendment is being filed to correct the number of shares reported as beneficially owned."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 3/A regulatory
"This amendment is being filed to correct the number of shares reported..."
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
FAQ
What does the Pharvaris (PHVS) Form 3/A amendment report?
The Form 3/A for Pharvaris updates Chief Technical Ops Officer Stefan Andreas Abele’s shareholdings. It corrects his beneficial ownership to 49,216 Common Stock shares after vested restricted stock units and related tax processing were properly reflected.
Why was the Pharvaris (PHVS) Form 3/A amendment necessary?
The amendment was necessary because certain restricted stock units had vested, but the resulting shares were not shown as directly held. Timing of tax settlement processing caused the omission, so the filing now updates the correct number of shares beneficially owned.
Who is the reporting person in the Pharvaris (PHVS) Form 3/A filing?
The reporting person is Stefan Andreas Abele, Chief Technical Ops Officer of Pharvaris N.V. The filing reports his direct beneficial ownership of 49,216 Common Stock shares following the correction related to vested restricted stock units.