[Form 4] Privia Health Group, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Privia Health Group, Inc. Chief Executive Officer Parth Mehrotra reported open-market sales of company common stock. He sold 105,439 shares on May 11 at a weighted average price of $22.55 per share and 15,647 shares on May 12 at a weighted average price of $22.64 per share, for total reported sales of 121,086 shares.
According to the footnotes, these sales were effected under a Rule 10b5-1 trading plan, and certain shares were sold on a nondiscretionary "sell to cover" basis to satisfy tax withholding on vested restricted stock units. After these transactions, Mehrotra directly holds 434,357 shares of Privia Health Group common stock. The filing notes that actual sale prices ranged from $22.28 to $23.10 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 121,086 shares ($2,731,898)
Net Sell
2 txns
Insider
Mehrotra Parth
Role
Chief Executive Officer
Sold
121,086 shs ($2.73M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value per share | 15,647 | $22.64 | $354K |
| Sale | Common Stock, $0.01 par value per share | 105,439 | $22.55 | $2.38M |
Holdings After Transaction:
Common Stock, $0.01 par value per share — 434,357 shares (Direct, null)
Footnotes (1)
- Certain of the sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person and certain of the sales represent a nondiscretionary sale of shares required to be sold by the Reporting Person pursuant to "sell to cover" transaction to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.28 to $23.10 per share. The reporting person undertakes to provide to Privia Health Group, Inc., any security holder of Privia Health Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person
Key Figures
Shares sold May 11: 105,439 shares
Shares sold May 12: 15,647 shares
Total shares sold: 121,086 shares
+4 more
7 metrics
Shares sold May 11
105,439 shares
Open-market sale at $22.55 weighted average price
Shares sold May 12
15,647 shares
Open-market sale at $22.64 weighted average price
Total shares sold
121,086 shares
Net reported sales across two trading days
Post-transaction holdings
434,357 shares
CEO direct ownership after reported sales
Price range of sales
$22.28–$23.10 per share
Range of individual trade prices underlying weighted averages
May 11 weighted average price
$22.55 per share
Common stock, open-market sale
May 12 weighted average price
$22.64 per share
Common stock, open-market sale
Key Terms
Rule 10b5-1 trading plan, sell to cover, restricted stock units, weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted"
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.
sell to cover financial
"sales represent a nondiscretionary sale of shares required to be sold ... pursuant to "sell to cover" transaction"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
restricted stock units financial
"tax withholding obligations in connection with the vesting and settlement 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Privia Health Group (PRVA) report for its CEO?
Privia Health Group reported that CEO Parth Mehrotra sold 121,086 shares of common stock in open-market transactions. The sales occurred over two days at weighted average prices of $22.55 and $22.64 per share, as disclosed in the Form 4 filing.
Did any of the Privia Health (PRVA) sales relate to tax withholding on RSUs?
Yes. The footnotes explain that certain sales represent a nondiscretionary "sell to cover" transaction. These shares were required to be sold to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units held by the CEO.