Pharvaris (PHVS) CEO sells 2,292 shares after RSU vesting
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 Trade Summary 10b5-1
Net Seller: 2,292 shares
Net Sell
2 txns
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)
- F1. The shares were acquired upon vesting of restricted stock units and sold pursuant to a Rule 10b5-1 trading plan.
- F2. Schoodic Management BV, an entity controlled by Mr. Modig.
Key Figures
Shares sold: 2,292 shares
Sale price: $34.7669 per share
Direct holdings after transaction: 130,625 shares
+2 more
5 metrics
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
Key Terms
Rule 10b5-1 trading plan, restricted stock units, indirect, vesting
4 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.