Revolution Medicines (RVMD) insider sale under 10b5-1 plan for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines, Inc. officer Wang Xiaolin reported an open-market sale of 2,010 shares of common stock on March 17, 2026 at an average price of $99.4804 per share. The transaction was executed under a pre-arranged Rule 10b5-1 instruction letter to cover tax withholding on vested RSUs. Following the sale, Wang holds 116,063 shares directly, including 48,700 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,010 shares ($199,956)
Net Sell
1 txn
Insider
Wang Xiaolin
Role
See Remarks
Sold
2,010 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,010 | $99.4804 | $200K |
Holdings After Transaction:
Common Stock — 116,063 shares (Direct)
Footnotes (1)
- Transaction made pursuant to a Rule 10b5-1 instruction letter adopted on November 17, 2025 to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units ("RSUs") after December 15, 2025. Includes 48,700 RSUs.
FAQ
What insider transaction did Wang Xiaolin report for Revolution Medicines (RVMD)?
Wang Xiaolin reported selling 2,010 shares of Revolution Medicines common stock in an open-market transaction. The shares were sold on March 17, 2026 at an average price of $99.4804 per share, as disclosed in a Form 4 insider trading report.
Why was the latest RVMD insider sale by Wang Xiaolin executed under a Rule 10b5-1 plan?
The sale was executed under a Rule 10b5-1 instruction letter adopted on November 17, 2025. According to the disclosure, the primary purpose was to satisfy Wang Xiaolin’s tax withholding obligations arising from the vesting of restricted stock units after December 15, 2025.
What are the RSUs mentioned in Wang Xiaolin’s Revolution Medicines (RVMD) holdings?
The filing notes that Wang Xiaolin’s post-transaction holdings include 48,700 restricted stock units, or RSUs. RSUs are equity awards that convert into common shares upon vesting, usually subject to continued employment and other conditions set by the company’s compensation plans.