Pharvaris (PHVS) accounting officer has 1,164 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pharvaris N.V.’s Principal Accounting Officer Anna Nijdam reported a routine tax-related share disposition. On the vesting of restricted stock units, 1,164 shares of common stock were withheld by the company at $28.25 per share to cover tax withholding obligations. After this withholding, Nijdam directly holds 50,655 shares of Pharvaris common stock. This was not an open-market sale but an administrative step tied to equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nijdam Anna
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,164 | $28.25 | $33K |
Holdings After Transaction:
Common Stock — 50,655 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,164 shares
Withholding price per share: $28.25 per share
Shares held after transaction: 50,655 shares
3 metrics
Shares withheld for taxes
1,164 shares
Withheld upon RSU vesting to satisfy tax obligations
Withholding price per share
$28.25 per share
Value used for tax-withholding disposition
Shares held after transaction
50,655 shares
Direct Pharvaris common stock holding after withholding
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition
3 terms
restricted stock units financial
"upon the vesting of restricted stock units"
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.
tax withholding obligations financial
"to satisfy tax withholding obligations upon the vesting"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Pharvaris (PHVS) report for Anna Nijdam?
Pharvaris reported that Principal Accounting Officer Anna Nijdam had 1,164 common shares withheld to cover taxes on vested restricted stock units. This was an administrative tax-withholding disposition, not an open-market sale of Pharvaris shares by the executive.
What does a tax-withholding disposition mean for Pharvaris (PHVS) insiders?
A tax-withholding disposition means the company withholds some shares when restricted stock units vest to pay required taxes. For Pharvaris insiders like Anna Nijdam, it is a non-market, automatic transaction tied to compensation rather than an elective buy or sell decision.