Revolution Medicines CEO Sells $538K in Shares for Tax Obligations
Revolution Medicines (RVMD) President and CEO Mark A. Goldsmith reported insider trading activity on June 16, 2025.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,496 | $39.83 | $538K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. 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.
- F2. 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.
- F3. Includes 652 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2025.
- F4. Includes 218,188 RSUs.
- F5. Held by Jonathan Goldsmith Revocable Trust.
- F6. Held by Rebecca Eve Goldsmith Trust under the Goldsmith Children's 2011 Irrevocable Education Trust, dated December 15, 2011.
- F7. Held by Mark A. Goldsmith and Anne E. Midler 2002 Revocable Living Trust.
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