Revolution Medicines (RVMD) director sells 12,871 shares in 10b5-1 trade
Rhea-AI Filing Summary
Revolution Medicines director Mark A. Goldsmith sold 12,871 shares of common stock in an open-market transaction at an average price of $99.4804 per share on March 17, 2026. The sale was made under a Rule 10b5-1 instruction letter to satisfy tax withholding obligations from vesting restricted stock units.
After the sale, he holds 276,698 shares directly, including 201,150 RSUs. He also has indirect holdings through trusts, with reported positions of 594,060, 64,424, and 64,424 shares of common stock held in separate revocable trusts.
Positive
- None.
Negative
- None.
Insights
Small pre-planned sale tied to RSU tax withholding looks routine.
The filing shows Mark A. Goldsmith executed an open-market sale of 12,871 Revolution Medicines shares at $99.4804 per share. A footnote states this was done under a Rule 10b5-1 instruction letter to cover tax withholding from RSU vesting, indicating a pre-planned, compensation-driven trade.
Following the transaction, he still directly owns 276,698 shares, including 201,150 RSUs, and holds additional indirect positions of 594,060, 64,424, and 64,424 shares through family trusts. Relative to these combined holdings, the sale size appears modest and consistent with routine liquidity needs linked to equity awards rather than a directional change in exposure.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,871 | $99.4804 | $1.28M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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. Includes 201,150 RSUs. Held by Mark A. Goldsmith and Anne E. Midler 2002 Revocable Living Trust. Held by Jonathan Goldsmith Revocable Trust. Held by Rebecca Goldsmith Revocable Trust.