Pharvaris (PHVS) CMO Lu Peng reports 226-share tax withholding event
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pharvaris N.V. Chief Medical Officer Lu Peng reported two tax-withholding dispositions tied to vesting of restricted stock units. The issuer withheld 117 and 109 common shares, totaling 226 shares, at $35.07 per share to cover tax obligations, leaving Peng with 65,405 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lu Peng
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 117 | $35.07 | $4K |
| Tax Withholding | Common Stock | 109 | $35.07 | $4K |
Holdings After Transaction:
Common Stock — 65,405 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 226 shares
First withholding block: 117 shares
Second withholding block: 109 shares
+2 more
5 metrics
Shares withheld for taxes
226 shares
Total common shares withheld to satisfy tax obligations upon RSU vesting
First withholding block
117 shares
Common shares withheld on 2026-07-12 as part of tax-withholding disposition
Second withholding block
109 shares
Common shares withheld on 2026-07-11 as part of tax-withholding disposition
Tax withholding price
$35.07 per share
Valuation used for both withholding transactions to satisfy tax liabilities
Shares held after transactions
65,405 shares
Lu Peng’s direct Pharvaris common stock holdings following tax-withholding events
Key Terms
restricted stock units, tax withholding obligations, withheld by the issuer
3 terms
restricted stock units financial
"upon the 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.
tax withholding obligations financial
"to satisfy tax withholding obligations upon the vesting"
withheld by the issuer financial
"Represents shares withheld by the issuer to satisfy tax"
FAQ
What insider transaction did Pharvaris (PHVS) CMO Lu Peng report?
Lu Peng reported two tax-withholding dispositions related to vesting of restricted stock units. The issuer withheld 117 and 109 Pharvaris common shares to satisfy tax obligations, rather than executing open-market sales, and Peng continues to hold a substantial direct equity position.
Were Lu Peng’s Pharvaris (PHVS) transactions open-market sales?
No, the reported transactions were tax-withholding dispositions, not open-market sales. Pharvaris withheld 226 shares from vested restricted stock units to meet Lu Peng’s tax obligations, as described in the footnote, rather than selling shares into the market.