PMVP insider filing shows 1M-share sale, ongoing indirect holdings
Rhea-AI Filing Summary
PMV Pharmaceuticals (PMVP) — Form 4 insider transaction: An affiliated holder reported a sale of 1,000,000 shares of Common Stock on 10/23/2025 at a price of $1.52 per share. Following the transaction, 4,975,291 shares were reported as beneficially owned indirectly.
According to the footnotes, the shares are held by OrbiMed Private Investments V, LP, with OrbiMed Capital GP V LLC as general partner and OrbiMed Advisors LLC as managing member. The filing notes that the reporting persons may be deemed to share voting and investment power through these relationships and include customary disclaimers of beneficial ownership beyond pecuniary interest. The reporting relationship is indicated as Director and 10% Owner.
Positive
- None.
Negative
- None.
Insights
Neutral Form 4: fund-affiliated sale with ongoing indirect holdings.
This filing reports a sale of 1,000,000 PMVP common shares at $1.52 on 10/23/2025. After the sale, the filer reports 4,975,291 shares beneficially owned indirectly. The disclosure centers on a change in indirect holdings by an affiliated investment entity.
Footnotes attribute ownership to OrbiMed Private Investments V, LP, with OrbiMed Capital GP V LLC and OrbiMed Advisors LLC in control roles. Standard disclaimers limit beneficial ownership to pecuniary interest and avoid admissions under Section 16.
As a routine Section 16 update, the market impact depends on context not provided here. Actual effects, if any, would hinge on broader trading activity and subsequent disclosures.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000,000 | $1.52 | $1.52M |
Footnotes (1)
- These securities are held of record by OrbiMed Private Investments V, LP ("OPI V"). OrbiMed Capital GP V LLC ("GP V") is the general partner of OPI V, and OrbiMed Advisors LLC ("OrbiMed Advisors"), a registered investment advisor under the Investment Advisors Act of 1940, as amended, is the managing member of GP V. By virtue of such relationships, GP V and OrbiMed Advisors may be deemed to have voting and investment power with respect to the securities held by OPI V. OrbiMed Advisors exercises this investment and voting power through a management committee comprised of Carl L. Gordon, Sven H. Borho, and W. Carter Neild, each of whom disclaims beneficial ownership of the shares held by OPI V. This report on Form 4 is jointly filed by OrbiMed Advisors and GP V. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1943, as amended (the "Exchange Act"), except to the extent of its pecuniary interest therein, if any. This report shall not be deemed an admission that any such entity is a beneficial owner of such securities for purpose of Section 16 of the Exchange Act, or for any other purpose.