Revolution Medicines (RVMD) COO Horn exercises options, sells stock
Rhea-AI Filing Summary
Revolution Medicines, Inc. Chief Operating Officer Margaret A. Horn reported a series of option exercises and share sales on January 7, 2026. She exercised stock options for 51,406 shares of common stock at $42.45 per share and 23,594 shares at $29.80 per share, then sold 53,096, 20,204 and 1,700 shares of common stock at weighted average prices of $100.0164, $101.7928 and $102.90, respectively. The transactions were made under a Rule 10b5-1 trading plan adopted on March 7, 2025. After these trades, she directly beneficially owned 141,053 shares of common stock, which include 61,226 restricted stock units, and held remaining stock options covering 1,094 and 119,906 shares with vesting described in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 51,406 | $0.00 | -- |
| Exercise | Stock Option (Right to Buy) | 23,594 | $0.00 | -- |
| Exercise | Common Stock | 51,406 | $42.45 | $2.18M |
| Exercise | Common Stock | 23,594 | $29.80 | $703K |
| Sale | Common Stock | 53,096 | $100.0164 | $5.31M |
| Sale | Common Stock | 20,204 | $101.7928 | $2.06M |
| Sale | Common Stock | 1,700 | $102.90 | $175K |
Footnotes (1)
- Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 7, 2025. Includes 61,226 restricted stock units. This transaction was executed in multiple trades in prices ranging from $100.00 to $100.19, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. This transaction was executed in multiple trades in prices ranging from $101.07 to $101.96, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote. One forty-eighth (1/48th) of the shares initially subject to the option will vest on each monthly anniversary measured from March 1, 2024 (the "Vesting Commencement Date"), so that 100% of the shares subject to the option will be fully vested and exercisable as of the fourth anniversary of the Vesting Commencement Date, subject to the Reporting Person's continued service through each vesting date.
FAQ
What insider activity did RVMD COO Margaret Horn report on this Form 4?
Chief Operating Officer Margaret A. Horn reported exercising stock options and selling common shares of Revolution Medicines, Inc. (RVMD) on January 7, 2026. She exercised options for 51,406 shares at $42.45 and 23,594 shares at $29.80, then sold multiple blocks of common stock on the same date.
Was the RVMD COO’s trading done under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2025. Such plans allow pre-arranged trading of shares according to predetermined instructions.
What stock options in Revolution Medicines does the COO still hold after exercising some options?
After the January 7, 2026 exercises, the Form 4 shows remaining stock options for 1,094 shares at an exercise price of $42.45 and 119,906 shares at an exercise price of $29.80, with vesting for the latter occurring in monthly installments from March 1, 2024 over four years.
How do Margaret Horn’s RVMD options vest according to the Form 4 footnotes?
For one option grant, the filing explains that one forty-eighth (1/48th) of the shares initially subject to the option vest on each monthly anniversary of March 1, 2024, so that 100% of the shares vest and become exercisable by the fourth anniversary of that vesting commencement date, subject to continued service.