Privia Health Group (PRVA) director reports 112,759-share option exercise and sale
Rhea-AI Filing Summary
Privia Health Group director Matthew Shawn Morris reported an exercise-and-sell sequence in company stock. On July 2 and July 6, 2026, he exercised stock options to acquire a total of 112,759 shares of common stock at $2.00 per share and sold the same number of shares in open-market transactions at weighted average prices of $27.33 and $27.24 per share, respectively. These sales were made under a previously adopted Rule 10b5-1 trading plan. After the transactions, he holds 68,188 shares directly, plus indirect holdings of 11,998 shares by a trust and 12,487 shares by Emerald Family, LLC. The filing also notes the forfeiture of 8,463 unvested restricted stock units and that all reported stock options are fully vested and exercisable.
Positive
- None.
Negative
- None.
Insights
Morris executed a planned option exercise-and-sell, remaining a sizable shareholder.
The filing shows Matthew Shawn Morris exercising stock options for 112,759 Privia Health Group shares at $2.00 and selling the same amount at weighted average prices around $27. This is a classic exercise-and-sell pattern converting option value into cash.
The footnotes state these sales were under a pre-established Rule 10b5-1 trading plan, indicating they were pre-scheduled rather than opportunistic trades. All reported options are fully vested and exercisable, and following the trades he still directly holds 68,188 shares plus additional indirect holdings.
The filing also notes forfeiture of 8,463 unvested restricted stock units, trimming future equity-based compensation. Overall, this appears to be routine liquidity and compensation management rather than a transformative change in insider ownership or company outlook.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Purchase) | 53,722 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 53,722 | $2.00 | $107K |
| Sale | Common Stock, par value $0.01 per share | 53,722 | $27.24 | $1.46M |
| Exercise | Stock Option (Right to Purchase) | 59,037 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 59,037 | $2.00 | $118K |
| Sale | Common Stock, par value $0.01 per share | 59,037 | $27.33 | $1.61M |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $26.90 to $27.53 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 price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $27.09 to $27.39 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. Reflects the forfeiture of 8,463 unvested restricted stock units granted on May 20, 2026 under the Issuer's 2021 Omnibus Incentive Plan. All of the stock options are fully vested and exercisable.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
Stock Option (Right to Purchase) financial
restricted stock units financial
fully vested and exercisable financial
FAQ
What insider transactions did Privia Health Group (PRVA) director Matthew Shawn Morris report?
Morris reported exercising options for 112,759 shares of Privia Health Group common stock at $2.00 per share and selling the same number of shares in open-market transactions around $27 per share. These trades occurred on July 2 and July 6, 2026.
Were Matthew Shawn Morris’s Privia Health Group (PRVA) sales made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were effected pursuant to a previously adopted Rule 10b5-1 trading plan. Such plans pre-schedule trades, reducing the significance of timing as a signal of changing sentiment.
What does the Form 4 say about Matthew Shawn Morris’s stock options in Privia Health Group (PRVA)?
The Form 4 shows options exercised for 112,759 underlying shares at a $2.00 exercise price, with the derivative table indicating 3,274,622 stock options remaining. A footnote adds that all reported stock options are fully vested and exercisable.
Did the filing mention any changes to Matthew Shawn Morris’s restricted stock units in Privia Health Group (PRVA)?
Yes. A footnote notes the forfeiture of 8,463 unvested restricted stock units granted on May 20, 2026 under the company’s 2021 Omnibus Incentive Plan, slightly reducing his future equity-based compensation potential.