Pharvaris (PHVS) President has 226 shares withheld to cover RSU taxes
Rhea-AI Filing Summary
Pharvaris N.V. President Lu Peng reported two code F transactions involving company common stock. On 2026-08-12, 117 shares were withheld at $34.42 per share, and on 2026-08-11, 109 shares were withheld at $34.84 per share. Footnote disclosure states these 226 shares were retained by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units, rather than being sold in open-market transactions. The filing indicates these events were not executed under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 226 shares
Net Sell
2 txns
Insider
Lu Peng
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 117 | $34.42 | $4K |
| Tax Withholding | Common Stock F1 | 109 | $34.84 | $4K |
Holdings After Transaction:
Common Stock — 65,179 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units.
Key Figures
Shares withheld 2026-08-12: 117 shares
Price per share 2026-08-12: $34.42
Shares withheld 2026-08-11: 109 shares
+3 more
6 metrics
Shares withheld 2026-08-12
117 shares
Withheld to satisfy tax withholding on RSU vesting at $34.42 per share
Price per share 2026-08-12
$34.42
Value used for tax-withholding share calculation on 117 withheld shares
Shares withheld 2026-08-11
109 shares
Withheld to satisfy tax withholding on RSU vesting at $34.84 per share
Price per share 2026-08-11
$34.84
Value used for tax-withholding share calculation on 109 withheld shares
Total shares withheld for taxes
226 shares
Aggregate shares withheld across two code F transactions for RSU tax obligations
Code F transactions count
2
Number of tax-withholding dispositions reported by Lu Peng
Key Terms
restricted stock units, tax withholding obligations, Rule 10b5-1 trading plan, code F transaction
4 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"
Rule 10b5-1 trading plan regulatory
"not carried out under a Rule 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.
code F transaction financial
"two code F transactions where a total of 226 Pharvaris"
FAQ
What did Pharvaris (PHVS) President Lu Peng report in this Form 4?
Lu Peng reported two code F transactions where a total of 226 Pharvaris common shares were withheld by the company to cover tax obligations arising from vested restricted stock units.
Were Lu Peng’s Pharvaris (PHVS) transactions open-market sales?
No. The Form 4 states the shares were withheld by the issuer to satisfy tax withholding obligations upon the vesting of restricted stock units, rather than being sold in open-market transactions.
Were Lu Peng’s Pharvaris (PHVS) Form 4 transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, indicating these tax-withholding events were not carried out under a Rule 10b5-1 trading plan.
What does code F mean in Lu Peng’s Pharvaris (PHVS) Form 4?
Code F indicates payment of tax liability by delivering or withholding securities. Here, Pharvaris withheld shares from Lu Peng’s vested restricted stock units to meet tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.