Revolution Medicines insider files Form 144 to sell 4,712 shares
Rhea-AI Filing Summary
Revolution Medicines, Inc. (RVMD) filing a Form 144 notifies the SEC of a proposed sale of 4,712 shares of common stock, with an aggregate market value of $219,343.60, expected to be sold around 09/15/2025 on NASDAQ. The shares were received as restricted stock unit grants issued on 03/01 of 2022, 2023, 2024 and 2025 totaling 4,712 shares acquired for services rendered. The filer also reported a recent sale on 06/16/2025 of 3,510 shares for gross proceeds of $139,803.30. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information and references Rule 10b5-1 trading plan disclosure if applicable.
Positive
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Negative
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Insights
TL;DR: Routine insider sale notification: modest share amounts disclosed, likely non-material to company valuation.
The Form 144 reports a proposed sale of 4,712 common shares valued at $219,343.60 and documents prior sales of 3,510 shares for $139,803.30. All shares originate from RSU grants issued on 03/01 of 2022–2025 for services rendered. The filing follows Rule 144 requirements and includes the seller's attestation regarding material non-public information; it notes the potential use of a Rule 10b5-1 plan without specifying plan dates. Given the small absolute size of the transactions relative to typical public-company floats, this disclosure reads as routine insider liquidity rather than a signal of material corporate development.
TL;DR: Compliance-focused filing documenting insider RSU-derived sales; procedural disclosure with limited investor impact.
The document itemizes the acquisition dates and nature of the securities (restricted stock unit grants) and records a recent completed sale plus a proposed sale to occur on NASDAQ. It includes the mandatory seller representation about material adverse information and callout for Rule 10b5-1 plan adoption, but does not provide plan adoption dates or additional selling restrictions. From a governance perspective, the filing satisfies disclosure obligations but lacks ancillary detail (e.g., plan dates) that would clarify whether sales are pre-planned or opportunistic.