Revolution Medicines Form 4: Cislini Sells 1,799 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
Jeff Cislini, General Counsel of Revolution Medicines, Inc. (RVMD), reported an insider sale. On 09/24/2025 he disposed of 1,799 shares of common stock at a price of $44.26 per share under a previously adopted 10b5-1 trading plan. After the sale he beneficially owned 50,425 shares in total, which the filing specifies includes 43,910 restricted stock units. The Form 4 was signed on behalf of Mr. Cislini by an attorney-in-fact on 09/26/2025.
Positive
- Sale executed under a 10b5-1 plan, indicating pre-established trading parameters
- Continued beneficial ownership of 50,425 shares, including 43,910 restricted stock units, showing retained exposure
- Timely disclosure with Form 4 filed and signed by attorney-in-fact
Negative
- None.
Insights
TL;DR: Insider sale under a pre-established 10b5-1 plan; modest share reduction with substantial RSU holdings retained.
The filing documents a single, routine disposition of 1,799 shares at $44.26 executed pursuant to a 10b5-1 plan adopted March 13, 2025. Such plans are commonly used to provide predetermined liquidity while avoiding allegations of trading on material nonpublic information. The reported post-transaction beneficial ownership of 50,425 shares, including 43,910 restricted stock units, indicates the reporting person retains meaningful economic exposure to the company despite the sale. No other transactions, option exercises, or acquisitions are disclosed.
TL;DR: Disclosure aligns with compliance best practices; execution appears administrative rather than indicative of new material information.
The Form 4 records compliance with Section 16 reporting through timely disclosure of a sale executed under a documented 10b5-1 plan. The signature was provided by an attorney-in-fact, which is common for procedural filings. The filing does not contain any indications of departures, grants, or other governance events. From a governance perspective this is a routine insider liquidity event with continued significant RSU holdings reported.