RVMD Chief Executive Maintains Strong Position Despite Planned Stock Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines (RVMD) President and CEO Mark A. Goldsmith reported insider trading activity on June 16, 2025. The executive sold 13,496 shares at a weighted average price of $39.83 per share as part of a pre-planned Rule 10b5-1 trading plan established on May 31, 2023. The sale was executed to satisfy tax withholding obligations related to vesting restricted stock units (RSUs).
Following the transaction, Goldsmith's holdings include:
- Direct ownership: 428,720 shares (including 218,188 RSUs and 652 shares from ESPP)
- Indirect ownership: 506,452 shares total through three trusts: - 465,604 shares in family revocable living trust - 20,424 shares each in two additional trusts
The transaction was executed through multiple trades ranging from $39.60 to $39.83 per share, with the executive maintaining significant equity stake in the company through both direct and indirect holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,496 shares ($537,546)
Net Sell
4 txns
Insider
GOLDSMITH MARK A
Role
See Remarks
Sold
13,496 shs ($538K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,496 | $39.83 | $538K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 428,720 shares (Direct);
Common Stock — 20,424 shares (Indirect, Trust)
Footnotes (1)
- Transaction made pursuant to a Rule 10b5-1 instruction letter adopted on May 31, 2023 to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units ("RSUs") after July 15, 2023. This transaction was executed in multiple trades in prices ranging from $39.6016 to $39.8291, 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. Includes 652 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2025. Includes 218,188 RSUs. Held by Jonathan Goldsmith Revocable Trust. Held by Rebecca Eve Goldsmith Trust under the Goldsmith Children's 2011 Irrevocable Education Trust, dated December 15, 2011. Held by Mark A. Goldsmith and Anne E. Midler 2002 Revocable Living Trust.
FAQ
What is the purpose of RVMD CEO Mark Goldsmith's stock sale in June 2025?
The stock sale was made to satisfy the CEO's tax withholding obligation upon the vesting of restricted stock units (RSUs). The transaction was executed according to a pre-established Rule 10b5-1 instruction letter adopted on May 31, 2023.
What was the selling price range for RVMD CEO's stock sale on June 16, 2025?
The shares were sold in multiple trades at prices ranging from $39.6016 to $39.8291 per share, with a weighted average sale price of $39.83.