Pharvaris (PHVS) CEO Berndt Modig updates direct and indirect share holdings
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Pharvaris N.V. director and Chief Executive Officer Berndt Modig filed an amended Form 4 to update his reported shareholdings. The amendment adds previously omitted indirect holdings and does not change any transactions.
After this update, he is shown as holding 950,000 shares of Common Stock indirectly through Schoodic Management BV and 137,500 shares directly. The filing clarifies ownership totals rather than reporting new buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Modig Berndt
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 137,500 shares (Direct, null);
Common Stock — 950,000 shares (Indirect, By Schoodic Management BV)
Footnotes (1)
- [object Object]
Key Figures
Indirect common shares: 950,000 shares
Direct common shares: 137,500 shares
Unknown transaction entries: 2 entries
+1 more
4 metrics
Indirect common shares
950,000 shares
Indirect holdings through Schoodic Management BV after amendment
Direct common shares
137,500 shares
Direct holdings after amendment
Unknown transaction entries
2 entries
Holding entries with unknown transaction code, no buys or sells
Net buy/sell shares
0 shares
No net purchase or sale reported in this amendment
Key Terms
Form 4/A, indirect holdings, Chief Executive Officer, nature of ownership
4 terms
Form 4/A regulatory
"This amendment is being filed to include indirect holdings inadvertently omitted from the original Form 4 filed on May 20, 2026."
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
indirect holdings financial
"This amendment is being filed to include indirect holdings inadvertently omitted from the original Form 4 filed on May 20, 2026."
Chief Executive Officer financial
"Modig Berndt is identified as Chief Executive Officer of Pharvaris N.V."
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
nature of ownership financial
"The filing notes a nature of ownership of "By Schoodic Management BV" for indirect shares."
FAQ
What does the Pharvaris (PHVS) Form 4/A amendment for Berndt Modig report?
The Form 4/A amendment updates Berndt Modig’s reported holdings in Pharvaris. It adds previously omitted indirect shares and leaves all prior transactions unchanged, serving as a correction to his ownership totals rather than a new trading event.
What is the role of Schoodic Management BV in Berndt Modig’s Pharvaris (PHVS) holdings?
Schoodic Management BV is identified as the entity through which Berndt Modig holds 950,000 Pharvaris shares indirectly. The amendment adds these indirect holdings, clarifying that a significant portion of his position is owned via this entity rather than directly in his own name.
Why was this Pharvaris (PHVS) Form 4/A amendment necessary?
The amendment was filed because indirect holdings were inadvertently omitted from the original Form 4. The footnote explains that the purpose is to include these missing indirect shares and that no previously reported transactions or trade details are being modified.
Does the Pharvaris (PHVS) Form 4/A change Berndt Modig’s prior transaction history?
The Form 4/A does not change any prior transaction history. It specifically notes that no transactions are being amended, meaning earlier trade dates and amounts remain the same, while the ownership section is corrected to include indirect holdings.