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.
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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.
How many Revolution Medicines (RVMD) shares did Margaret Horn sell and at what prices?
On January 7, 2026, Margaret Horn sold 53,096, 20,204, and 1,700 shares of Revolution Medicines common stock. The weighted average sale prices were $100.0164, $101.7928, and $102.90 per share, respectively, with the filing noting each sale was executed in multiple trades within stated price ranges.
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.
How many RVMD shares does Margaret Horn own after these transactions?
Following the reported transactions, Margaret Horn beneficially owned 141,053 shares of Revolution Medicines common stock directly. This figure includes 61,226 restricted stock units as noted in the footnotes.
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.