Pharvaris (PHVS) CMO reports 226 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pharvaris N.V. Chief Medical Officer Lu Peng reported tax-withholding dispositions of 226 shares of Common Stock connected to restricted stock unit vesting on May 11 and May 12, 2026. On those dates, 109 shares were withheld at $30.09 per share and 117 shares at $29.95 per share to satisfy tax obligations, leaving him with 65,857 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lu Peng
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 117 | $29.95 | $4K |
| Tax Withholding | Common Stock | 109 | $30.09 | $3K |
Holdings After Transaction:
Common Stock — 65,857 shares (Direct, null)
Footnotes (1)
- Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units on May 11, 2026. The shares were withheld on May 11, 2026 at a fair market value of $30.09 per share. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units on May 12, 2026. The shares were withheld on May 12, 2026 at a fair market value of $29.95 per share.
Key Figures
Tax-withheld shares total: 226 shares
Shares withheld May 11, 2026: 109 shares at $30.09
Shares withheld May 12, 2026: 117 shares at $29.95
+1 more
4 metrics
Tax-withheld shares total
226 shares
RSU-related tax withholding on May 11–12, 2026
Shares withheld May 11, 2026
109 shares at $30.09
Fair market value for RSU tax withholding
Shares withheld May 12, 2026
117 shares at $29.95
Fair market value for RSU tax withholding
Shares held after transactions
65,857 shares
Direct ownership after May 2026 tax withholdings
Key Terms
restricted stock units, tax withholding obligations, fair market value, Form 4
4 terms
restricted stock units financial
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units on May 11, 2026."
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
"Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units on May 12, 2026."
fair market value financial
"The shares were withheld on May 11, 2026 at a fair market value of $30.09 per share."
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): Pharvaris N.V. insider transaction summary."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Pharvaris (PHVS) CMO Lu Peng report in this Form 4 filing?
Lu Peng reported two tax-withholding share dispositions related to restricted stock unit vesting. On May 11 and 12, 2026, a total of 226 Pharvaris Common Stock shares were withheld to cover tax obligations, rather than sold in open-market transactions.
Does this Pharvaris (PHVS) Form 4 show open-market sales by Lu Peng?
The Form 4 does not show open-market sales by Lu Peng. Instead, it reports tax-withholding dispositions coded “F,” where Pharvaris shares were withheld upon RSU vesting solely to satisfy tax obligations, a common administrative mechanism rather than a discretionary market trade.