Revolution Medicines GC Sells $75K in Shares Under Planned Trading Program
Revolution Medicines (RVMD) General Counsel Jeff Cislini reported insider trading activity on June 16, 2025.
Rhea-AI Filing Summary
Revolution Medicines (RVMD) General Counsel Jeff Cislini reported insider trading activity on June 16, 2025. The transaction involved the sale of 1,878 shares at a weighted average price of $39.83 per share, executed through multiple trades ranging from $39.5915 to $39.8291.
The sale was conducted under a Rule 10b5-1 trading plan established on May 31, 2023, specifically to cover tax withholding obligations related to vesting restricted stock units (RSUs). Following the transaction, Cislini's holdings include:
- Total beneficial ownership of 56,005 shares
- 49,054 RSUs included in total holdings
- 160 shares acquired through Employee Stock Purchase Plan on May 31, 2025
This transaction demonstrates a planned, automated sale for tax purposes rather than a discretionary trading decision by the insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,878 | $39.83 | $75K |
Footnotes (4)
- 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 $39.5915 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 160 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2025.
- F4. Includes 49,054 RSUs.
FAQ
What was the purpose of RVMD General Counsel's stock sale in June 2025?
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