Palvella officer Jeffrey Martini proposes $8.7M share sale

Available on EDGAR 11/10/2026 - 04:29 PM EST Accepted by SEC EDGAR 11/10/2026 - 04:28 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Palvella Therapeutics, Inc. (PVLA) officer Jeffrey Martini reported a proposed sale of 50,000 common shares, with an aggregate market value of $8,704,000. The notice lists 14,618,457 shares outstanding and November 10, 2026, as the approximate sale date. The shares are to be received through stock-option exercises over the next three months. The notice lists July 13, 2026, as the date of plan adoption or instruction for reliance on Rule 10b5-1.

Key Figures

Shares proposed for sale: 50,000 shares Aggregate market value: $8,704,000 Shares outstanding: 14,618,457 shares +2 more

5 metrics

Shares proposed for sale 50,000 shares Common shares; approximate sale date November 10, 2026.

Aggregate market value $8,704,000 For the 50,000 common shares listed for sale.

Shares outstanding 14,618,457 shares Count listed in the notice.

Approximate sale date November 10, 2026 Date listed for the proposed sale.

Rule 10b5-1 plan adoption or instruction date July 13, 2026 Listed as the date of plan adoption or giving of instruction for reliance on Rule 10b5-1.

Key Terms

Rule 10b5-1, Exercise of Stock Options, Aggregate Market Value

3 terms

Rule 10b5-1 regulatory

"If Relying on Rule 10b5-1"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

Exercise of Stock Options technical

"Nature of Acquisition Transaction: Exercise of Stock Options"

Aggregate Market Value financial

"Aggregate Market Value"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PVLA shares does Jeffrey Martini propose to sell?

The notice lists a proposed sale of 50,000 common shares with an aggregate market value of $8,704,000.

Who is the broker for the proposed PVLA share sale?

Morgan Stanley Smith Barney LLC is named as the broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001914560
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Palvella Therapeutics, Inc.
SEC File Number	001-37471
Address of Issuer	353 W. Lancaster Ave, Suite 200 Wayne PENNSYLVANIA 19087
Phone	484-253-1461
Name of Person for Whose Account the Securities are To Be Sold	JEFFREY MARTINI
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	50000	8704000.00	14618457	11/10/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/10/2026	Exercise of Stock Options	Issuer			50000	11/10/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	The securities to be sold were and will be received upon the exercise of stock options over the next three months. The dates of acquisition and payment were and will be the dates of exercise/sale.
Date of Notice	11/10/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	07/13/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Jeffrey Martini
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)