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Pharvaris (PHVS) CEO Modig sells 2,291 shares in planned Rule 10b5-1 trades

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Pharvaris N.V. director and Chief Executive Officer Berndt Modig reported small open-market sales of company common stock. On June 15, 2026, he sold a total of 2,291 shares in two transactions at weighted average prices of about $31.05 and $31.46 per share, executed under a Rule 10b5-1 trading plan. The filing notes that the sold shares included stock previously acquired through vesting of restricted stock units. Following these sales, Modig holds 135,209 shares directly and 950,000 shares indirectly through Schoodic Management BV, an entity he controls.

Positive

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Negative

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Insider Modig Berndt
Role Chief Executive Officer
Sold 2,291 shs ($71K)
Type Security Shares Price Value
holding Common Stock -- -- --
Sale Common Stock 2,191 $31.0484 $68K
Sale Common Stock 100 $31.46 $3K
Holdings After Transaction: Common Stock — 950,000 shares (Indirect, By Schoodic Management BV); Common Stock — 135,309 shares (Direct, null)
Footnotes (1)
  1. This is a scheduled sale from 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates. The reported price represents a weighted average sale price for shares sold in multiple transactions on the reported date pursuant to a Rule 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates. The sales prices for the transactions ranged from $30.43 to $31.41. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Schoodic Management BV, an entity controlled by Mr. Modig
Shares sold 2,291 shares Open-market sales on June 15, 2026
Sale prices $31.46 and $31.0484 per share Weighted average sale prices on June 15, 2026
Direct holdings after sale 135,209 shares Common stock directly owned after June 15, 2026
Indirect holdings 950,000 shares Common stock held via Schoodic Management BV
Rule 10b5-1 trading plan regulatory
"scheduled sale from 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The reported price represents a weighted average sale price"
restricted stock units financial
"shares of common stock acquired upon 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.
indirect ownership financial
"Common Stock ... ownership_type: indirect ... By Schoodic Management BV"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Modig Berndt
(Last)(First)(Middle)
1 CRANBERRY HILL SUITE 400
(Street)
LEXINGTON MASSACHUSETTS 02421
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Pharvaris N.V. [ PHVS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026S(1)2,191D$31.0484(2)135,309D
Common Stock06/15/2026S(1)100D$31.46135,209D
Common Stock950,000IBy Schoodic Management BV(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This is a scheduled sale from 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates.
2. The reported price represents a weighted average sale price for shares sold in multiple transactions on the reported date pursuant to a Rule 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates. The sales prices for the transactions ranged from $30.43 to $31.41. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
3. Schoodic Management BV, an entity controlled by Mr. Modig
/s/ Marnus Nel, Attorney-in-Fact for Berndt Modig06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Pharvaris (PHVS) report for Berndt Modig?

Pharvaris reported that CEO and director Berndt Modig sold 2,291 shares of common stock on June 15, 2026. The sales were open-market transactions executed under a Rule 10b5-1 trading plan, using shares acquired from vesting restricted stock units.

At what prices did the Pharvaris (PHVS) CEO sell his shares?

Berndt Modig sold Pharvaris shares at weighted average prices of $31.46 and $31.0484 on June 15, 2026. A footnote states individual trades occurred between $30.43 and $31.41 per share under a pre-arranged Rule 10b5-1 trading plan.

How many Pharvaris (PHVS) shares does Berndt Modig hold after the reported sales?

After the June 15, 2026 transactions, Berndt Modig directly holds 135,209 Pharvaris common shares. He also indirectly holds 950,000 additional shares through Schoodic Management BV, an entity he controls, according to the Form 4 filing data and accompanying footnotes.

Were the Pharvaris (PHVS) insider sales made under a Rule 10b5-1 plan?

Yes. The filing states that the June 15, 2026 sales by CEO Berndt Modig were made under a Rule 10b5-1 trading plan. Such plans pre-schedule trades, and the footnotes describe these transactions as scheduled sales using a weighted average sale price.

What is Schoodic Management BV in relation to Pharvaris (PHVS) CEO holdings?

Schoodic Management BV is identified as an entity controlled by CEO Berndt Modig. The Form 4 shows that 950,000 Pharvaris common shares are held indirectly through Schoodic Management BV, in addition to Modig’s directly held Pharvaris share position.