STOCK TITAN

Pharvaris (PHVS) CEO sells 2,292 shares after RSU vesting

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Pharvaris N.V. (PHVS) reported that Chief Executive Officer Berndt Modig sold 2,292 shares of common stock on 2026-08-14 at an average price of $34.7669 per share. The shares were acquired upon vesting of restricted stock units and the sale was made pursuant to a Rule 10b5-1 trading plan. Following this transaction, Modig holds 130,625 shares directly and 950,000 shares indirectly through Schoodic Management BV, an entity he controls.

Positive

  • None.

Negative

  • None.
Insider Modig Berndt
Role Chief Executive Officer
Sold 2,292 shs ($80K)
Type Security Shares Price Value
Sale Common Stock F1 2,292 $34.7669 $80K
holding Common Stock F2 -- -- --
Holdings After Transaction: Common Stock — 130,625 shares (Direct); Common Stock — 950,000 shares (Indirect, By Schoodic Management BV)
Footnotes (2)
  1. F1. The shares were acquired upon vesting of restricted stock units and sold pursuant to a Rule 10b5-1 trading plan.
  2. F2. Schoodic Management BV, an entity controlled by Mr. Modig.
Shares sold 2,292 shares Common Stock sale on 2026-08-14
Sale price $34.7669 per share Average price for 2,292 shares sold on 2026-08-14
Direct holdings after transaction 130,625 shares Common Stock directly owned by Berndt Modig after sale
Indirect holdings 950,000 shares Common Stock held indirectly by Schoodic Management BV
Net shares sold 2,292 shares Net buy/sell shares in this Form 4
Rule 10b5-1 trading plan regulatory
"sold pursuant to 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.
restricted stock units financial
"shares were 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 financial
"Indirect with nature of ownership By Schoodic Management BV"
vesting financial
"shares were acquired upon vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

What insider transaction did PHVS CEO Berndt Modig report on 2026-08-14?

Berndt Modig reported selling 2,292 PHVS shares of common stock on 2026-08-14 at an average price of $34.7669 per share. The shares came from vested restricted stock units and were sold under a Rule 10b5-1 plan.

How many Pharvaris (PHVS) shares does CEO Berndt Modig hold after this transaction?

After the reported sale, Berndt Modig holds 130,625 PHVS shares directly. He also has 950,000 shares held indirectly through Schoodic Management BV, an entity he controls, according to the filing footnote.

At what price were the PHVS shares sold in Berndt Modig’s Form 4 filing?

The reported sale of PHVS common stock by Berndt Modig was at an average price of $34.7669 per share. The transaction involved 2,292 shares of common stock on 2026-08-14, as disclosed in the Form 4 data.

Were the PHVS CEO’s share sales made under a Rule 10b5-1 trading plan?

Yes. The filing states the PHVS CEO’s shares were sold pursuant to a Rule 10b5-1 trading plan. This indicates the trades followed a pre-arranged plan, and the Form 4 also checks the Rule 10b5-1 affirmation box.

What is the source of the PHVS shares sold by CEO Berndt Modig?

According to the footnote, the 2,292 PHVS shares sold were acquired upon vesting of restricted stock units. After vesting, these shares were sold on 2026-08-14 under a Rule 10b5-1 trading plan.

How many PHVS shares are held indirectly for CEO Berndt Modig and through what entity?

The Form 4 reports 950,000 PHVS shares held indirectly for Berndt Modig by Schoodic Management BV. A footnote explains that Schoodic Management BV is an entity controlled by Mr. Modig.

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Learn about SEC filing dates
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)
08/14/2026
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 Stock08/14/2026S(1)2,292D$34.7669130,625D
Common Stock950,000IBy Schoodic Management BV(2)
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. The shares were acquired upon vesting of restricted stock units and sold pursuant to a Rule 10b5-1 trading plan.
2. Schoodic Management BV, an entity controlled by Mr. Modig.
/s/ Marnus Nel, Attorney-in-Fact for Berndt Modig08/18/2026
** 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)