Pharvaris President Exercises Options for 45,308 Shares
After the option exercise, the president directly held 110,261 Pharvaris common shares.
Rhea-AI Filing Summary
Pharvaris N.V. President Lu Peng exercised options to acquire 45,308 common shares on September 22, 2026, at an exercise price of $2.5900 per share. After the transaction, he directly held 110,261 common shares. The options vested 25% on February 3, 2021, with the remaining shares vesting in 1/48 monthly installments thereafter.
Positive
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Negative
- None.
Insights
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Insider Trade Summary
45,308 shares exercised/converted
Exercise
2 txns
Insider
Lu Peng
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1 | 45,308 | $0.00 | $0.00 |
| Exercise | Common Stock | 45,308 | $2.59 | $117K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 110,261 shares (Direct)
Footnotes (1)
- F1. 25% of the option vested on February 3, 2021 with the remaining shares vesting in 1/48 monthly installments thereafter.
Key Figures
Common shares acquired: 45,308 shares
Exercise price: $2.5900 per share
Common shares held directly afterward: 110,261 shares
+3 more
6 metrics
Common shares acquired
45,308 shares
Option exercise on September 22, 2026
Exercise price
$2.5900 per share
Options exercised on September 22, 2026
Common shares held directly afterward
110,261 shares
After the September 22, 2026 transaction
Option vested
25%
Vested on February 3, 2021
Remaining vesting schedule
1/48 monthly installments
Remaining option shares
Option expiration date
February 3, 2030
Reported stock option
Key Terms
Stock Option (Right to Buy), vesting, exercise price
3 terms
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
vesting financial
"remaining shares vesting in 1/48 monthly installments thereafter"
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.
exercise price financial
"exercise price of $2.5900 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the vesting terms for Lu Peng's PHVS options?
25% of the option vested on February 3, 2021, and the remaining shares vested in 1/48 monthly installments thereafter.
Was Lu Peng's PHVS option exercise reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.