Pharvaris director sells 32,900 shares in 10b5-1 plan
Pharvaris N.V. director Johannes Schikan reported open-market sales of a total of 32,900 shares of common stock.
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Rhea-AI Filing Summary
Pharvaris N.V. director Johannes Schikan reported open-market sales of a total of 32,900 shares of common stock. The sales occurred on April 29–30 at weighted average prices of $30.07, $30.30, and $31.03 per share under a pre-set Rule 10b5-1 trading plan. After these transactions, he directly holds 355,167 shares, indicating the sales represent a relatively small portion of his overall position and appear to be routine, pre-planned disposals rather than discretionary trades.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,400 | $30.3024 | $861K |
| Sale | Common Stock | 670 | $31.0321 | $21K |
| Sale | Common Stock | 3,830 | $30.0692 | $115K |
Footnotes (4)
- F1. This is a scheduled sale from 10b5-1 trading plan.
- F2. The reported price represents a weighted average sale price for shares sold in multiple transactions on the reported date pursuant to a Rule 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates. The sales prices for the transactions ranged from $30.00 to $30.18. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F3. The reported price represents a weighted average sale price for shares sold in multiple transactions on the reported date pursuant to a Rule 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates. The sales prices for the transactions ranged from $30.00 to $30.99. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F4. The reported price represents a weighted average sale price for shares sold in multiple transactions on the reported date pursuant to a Rule 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates. The sales prices for the transactions ranged from $31.03 to $31.05. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
restricted stock units financial
open-market sale financial
Form 4 regulatory
FAQ
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What did the Pharvaris (PHVS) director report in this Form 4 filing?
Were the Pharvaris (PHVS) insider sales pre-planned under a Rule 10b5-1 plan?
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