Privia Health (PRVA) director sells 24,338 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Privia Health Group, Inc. director Matthew Shawn Morris reported option exercises and related share sales. On February 26 and 27, 2026, he exercised stock options covering 24,338 shares of common stock at an exercise price of $2.00 per share.
He then sold 24,338 shares of common stock in open-market transactions at weighted average prices around $25.00 per share, executed under a pre-arranged Rule 10b5-1 trading plan. Following these transactions, he directly owned 68,188 shares of common stock and held additional shares indirectly through a trust and Emerald Family, LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,338 shares ($608,372)
Net Sell
8 txns
Insider
Morris Matthew Shawn
Role
Director
Sold
24,338 shs ($608K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Purchase) | 16,550 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 16,550 | $2.00 | $33K |
| Sale | Common Stock, par value $0.01 per share | 16,550 | $25.00 | $414K |
| Exercise | Stock Option (Right to Purchase) | 7,788 | $0.00 | -- |
| Exercise | Common Stock, par value $0.01 per share | 7,788 | $2.00 | $16K |
| Sale | Common Stock, par value $0.01 per share | 7,788 | $24.99 | $195K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Purchase) — 3,692,314 shares (Direct);
Common Stock, par value $0.01 per share — 84,738 shares (Direct);
Common Stock, par value $0.01 per share — 11,998 shares (Indirect, By Trust)
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.95 to $25.13 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 $24.95 to $25.15 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. All of the stock options are fully vested and exercisable.
FAQ
What insider transactions did Privia Health (PRVA) report for Matthew Shawn Morris?
Privia Health director Matthew Shawn Morris exercised stock options for 24,338 shares at $2.00, then sold 24,338 common shares in open-market trades around $25.00 per share. These transactions occurred on February 26 and 27, 2026 under a Rule 10b5-1 trading plan.
What options did the Privia Health (PRVA) director exercise in this Form 4 filing?
He exercised fully vested stock options for a total of 24,338 shares of Privia Health common stock at an exercise price of $2.00 per share. These option exercises on February 26 and 27, 2026 were reported as derivative security conversions into common stock.
Was the Privia Health (PRVA) director’s stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, allowing insiders to sell shares according to predetermined instructions regardless of later information.