Privia EVP sells 9,343 shares to cover taxes
Privia Health Group EVP & General Counsel Edward C. Fargis reported two stock sales that were required to cover taxes on vested restricted stock units.
Rhea-AI Filing Summary
Privia Health Group EVP & General Counsel Edward C. Fargis reported two stock sales that were required to cover taxes on vested restricted stock units. On March 6, 2026, he sold 4,394 shares at $23.15 per share, followed by 4,949 shares at $22.84 per share on March 9, 2026. The footnote explains these were nondiscretionary “sell to cover” transactions to satisfy tax withholding obligations, rather than elective open-market sales. After the transactions, he directly owned 83,711 shares of Privia Health Group common stock.
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Insights
These were routine tax-related sales tied to RSU vesting, not discretionary selling.
The filing shows Edward C. Fargis, EVP & General Counsel of Privia Health Group, selling a total of 9,343 common shares at prices between $22.84 and $23.15. The footnote clarifies the sales were nondiscretionary “sell to cover” transactions for tax withholding on restricted stock unit vesting.
Because the transactions were driven by tax obligations rather than active portfolio decisions, they carry limited signaling value about his view of the stock. Following the sales, he still directly holds 83,711 shares, indicating he maintains a substantial equity position. Overall, this appears to be routine equity-compensation administration with neutral impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value per share | 4,949 | $22.84 | $113K |
| Sale | Common Stock, $0.01 par value per share | 4,394 | $23.15 | $102K |
Footnotes (1)
- F1. The sales reported in this Form 4 represent nondiscretionary sales of shares required to be sold by the Reporting Person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units.
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