Revolution Medicines advisor sells 5,569 shares
Rhea-AI Filing Summary
Revolution Medicines, Inc. (RVMD) reported that senior advisor to the CEO Stephen Michael Kelsey sold a total of 5,569 shares of common stock on September 16, 2026, in open-market transactions made pursuant to a Rule 10b5-1 instruction letter adopted on May 31, 2023, to satisfy tax withholding obligations upon vesting of restricted stock units. One sale of 85 shares reflected a weighted average price between $195.00 and $195.03 per share, and the other sale of 5,484 shares was at $199.30 per share; reported holdings include 65,613 restricted stock units.
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Insider Trade Summary 10b5-1
Net Seller: 5,569 shares
Net Sell
2 txns
Insider
Kelsey Stephen Michael
Role
See Remarks
Sold
5,569 shs ($1.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 85 | $195.0074 | $17K |
| Sale | Common Stock F1, F3 | 5,484 | $199.3032 | $1.09M |
Holdings After Transaction:
Common Stock — 286,307 shares (Direct)
Footnotes (3)
- 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.
- F2. The transaction was executed in multiple trades at prices ranging from $195.00 to $195.03, 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 65,613 restricted stock units.
Key Figures
Shares sold (total): 5,569 shares
First sale shares: 85 shares
First sale price range: $195.00–$195.03 per share
+4 more
7 metrics
Shares sold (total)
5,569 shares
Common stock sales reported for September 16, 2026
First sale shares
85 shares
Portion of total shares sold on September 16, 2026
First sale price range
$195.00–$195.03 per share
Multiple trades with weighted average price for 85-share sale
Second sale shares
5,484 shares
Larger open-market sale on September 16, 2026
Second sale price
$199.30 per share
Reported price per share for 5,484-share sale
Restricted stock units held
65,613 restricted stock units
Equity holdings noted as included in reported position
Rule 10b5-1 adoption date
May 31, 2023
Adoption date of instruction letter governing these sales
Key Terms
Rule 10b5-1 instruction letter, restricted stock units, weighted average sale price, tax withholding obligation
4 terms
Rule 10b5-1 instruction letter regulatory
"Transaction made pursuant to a Rule 10b5-1 instruction letter adopted"
restricted stock units financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
weighted average sale price financial
"The price reported in Column 4 above reflects the weighted average sale price"
tax withholding obligation financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RVMD report for Stephen Michael Kelsey?
RVMD reported that senior advisor Stephen Michael Kelsey sold 5,569 shares of common stock on September 16, 2026, in open-market transactions made under a Rule 10b5-1 instruction letter to cover tax withholding on vested restricted stock units.
Was the RVMD insider sale made under a Rule 10b5-1 plan?
Yes. The transactions were made pursuant to a Rule 10b5-1 instruction letter adopted on May 31, 2023, which was established to satisfy the reporting person’s tax withholding obligation upon the vesting of restricted stock units.
How many RVMD restricted stock units does Stephen Michael Kelsey hold after these transactions?
Reported holdings include 65,613 restricted stock units of Revolution Medicines, Inc. common stock. This figure is part of the reporting person’s equity position and is specifically identified as restricted stock units.
What is Stephen Michael Kelsey’s role at RVMD mentioned in the Form 4?
Stephen Michael Kelsey is identified as a Senior Advisor to the Chief Executive Officer of Revolution Medicines, Inc., as reflected in the remarks section of the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.