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Pharvaris (PHVS) CMO reports 226 shares withheld for RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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
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.
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).
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*
Lu Peng

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Medical Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026
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 Stock05/11/2026F109(1)D$30.0965,974D
Common Stock05/12/2026F117(2)D$29.9565,857D
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. 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.
2. 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.
/s/ Marnus Nel, Attorney-in-Fact for Peng Lu05/13/2026
** 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)

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.

How many Pharvaris (PHVS) shares were withheld for Lu Peng’s taxes?

A total of 226 shares of Pharvaris Common Stock were withheld for taxes. The Form 4 shows 109 shares on May 11, 2026 and 117 shares on May 12, 2026, all used to satisfy RSU-related tax withholding obligations.

At what prices were Pharvaris (PHVS) shares valued for Lu Peng’s tax withholding?

The withheld Pharvaris shares were valued at fair market prices on each vesting date. On May 11, 2026, 109 shares were valued at $30.09, and on May 12, 2026, 117 shares were valued at $29.95, according to the Form 4 footnotes.

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.

How many Pharvaris (PHVS) shares does Lu Peng hold after these transactions?

Following the reported tax-withholding dispositions, Lu Peng holds 65,857 Pharvaris Common Stock shares directly. This post-transaction holding figure is disclosed in the Form 4 for each entry and reflects his direct ownership after the RSU-related tax withholdings.