Revolution Medicines Form 144 Discloses 129,289 Shares Sold for $5.73M
Rhea-AI Filing Summary
Revolution Medicines, Inc. (RVMD) Form 144 summary: The filing notifies a proposed sale of 5,296 shares of common stock with an aggregate market value of $246,528.80. The company reports 186,933,190 shares outstanding. The shares to be sold were granted as restricted stock units on 03/01/2022 (1,232), 03/01/2023 (1,270), 03/01/2024 (1,632) and 03/01/2025 (1,162), each described as payment for services.
The filing also discloses past sales by the same person over the past three months totaling 129,289 shares for aggregate gross proceeds of $5,728,585.16. The listed broker for the proposed sale is ETRADE and the approximate sale date is 09/15/2025 on NASDAQ. The filer attests there is no undisclosed material adverse information.
Positive
- Transparent disclosure of acquisition dates and RSU grant amounts for all shares proposed to be sold
- Full reporting of recent open-market sales totaling 129,289 shares for $5,728,585.16, with broker and sale dates listed
Negative
- None.
Insights
TL;DR: Routine insider RSU sales disclosed; recent dispositions total 129,289 shares for $5.73M, proposed sale small relative to outstanding shares.
The Form 144 documents both a proposed sale of 5,296 shares valued at $246,528.80 and multiple recent open-market dispositions by the same person. The historical sales over the reported period amount to 129,289 shares with gross proceeds of $5,728,585.16, indicating active monetization of vested RSUs. Relative to the issuer's reported outstanding shares (186,933,190), the volumes disclosed here represent a de minimis fraction of total equity, consistent with routine executive/employee liquidity events rather than a controlling shareholder exit.
TL;DR: Filing shows compliance with Rule 144 disclosure requirements for insider sales and RSU-originated shares.
The notice itemizes acquisition dates and grant nature for each block of securities (restricted stock unit grants dated 03/01/2022, 03/01/2023, 03/01/2024, 03/01/2025) and lists the broker and planned sale date, which supports transparent compliance with disclosure rules. The filer signs the required attestation about lack of undisclosed material adverse information; no plan-adoption date for a 10b5-1 plan is provided in the form content.