Pharvaris (PHVS) CMO reports 109 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pharvaris N.V. Chief Medical Officer Lu Peng reported a small share disposition tied to equity compensation. On the vesting of restricted stock units on June 11, 2026, 109 shares of common stock were withheld to cover tax withholding obligations at a fair market value of $31.51 per share. After this tax-withholding event, Lu Peng directly owns 65,748 shares of Pharvaris common stock, so the filing reflects routine administration of stock-based compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lu Peng
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 109 | $31.51 | $3K |
Holdings After Transaction:
Common Stock — 65,748 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 109 shares
Fair market value per share: $31.51 per share
Shares owned after transaction: 65,748 shares
3 metrics
Shares withheld for taxes
109 shares
Withheld to satisfy tax obligations on RSU vesting June 11, 2026
Fair market value per share
$31.51 per share
Value used for withheld shares on June 11, 2026
Shares owned after transaction
65,748 shares
Direct Pharvaris common stock holdings after tax-withholding event
Key Terms
restricted stock units, tax withholding obligations, fair market value, Form 4
4 terms
restricted stock units financial
"upon the vesting of restricted stock units on June 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
"shares withheld to satisfy tax withholding obligations upon the vesting"
fair market value financial
"withheld on June 11, 2026 at a fair market value of $31.51"
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):"
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 insider transaction did Pharvaris (PHVS) report for Lu Peng?
Pharvaris reported that Chief Medical Officer Lu Peng had 109 shares withheld to cover tax obligations when restricted stock units vested on June 11, 2026. This was a compensation-related withholding, not an open-market stock sale.
Was the Pharvaris (PHVS) Form 4 a stock sale by Lu Peng?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Pharvaris to satisfy Lu Peng’s tax obligations upon RSU vesting at a fair market value of $31.51 per share.