Revolution Medicines (RVMD) officer sells 4,175 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines, Inc. executive Stephen Michael Kelsey reported an open-market sale of 4,175 shares of common stock on June 16, 2026 at a weighted average price of $156.1192 per share. The footnotes state this transaction was executed under a pre-arranged Rule 10b5-1 instruction letter intended to satisfy tax withholding obligations related to vested restricted stock units. After the sale, Kelsey directly owned 291,876 shares, which the disclosure notes includes 76,251 RSUs and 653 shares acquired through the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 4,175 shares ($651,798)
Net Sell
1 txn
Insider
Kelsey Stephen Michael
Role
See Remarks
Sold
4,175 shs ($652K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,175 | $156.1192 | $652K |
Holdings After Transaction:
Common Stock — 291,876 shares (Direct)
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. This transaction was executed in multiple trades at prices ranging from $156.1105 to $156.8250. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Includes 76,251 RSUs. Includes 653 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2026.
Key Figures
Shares sold: 4,175 shares
Weighted average sale price: $156.1192 per share
Shares owned after transaction: 291,876 shares
+2 more
5 metrics
Shares sold
4,175 shares
Open-market sale on June 16, 2026
Weighted average sale price
$156.1192 per share
Common stock sale
Shares owned after transaction
291,876 shares
Direct holdings following sale
Included RSUs
76,251 RSUs
Part of post-transaction holdings
ESPP shares included
653 shares
Acquired under Employee Stock Purchase Plan on May 31, 2026
Key Terms
Rule 10b5-1 instruction letter, restricted stock units ("RSUs"), Employee Stock Purchase Plan
3 terms
Rule 10b5-1 instruction letter regulatory
"Transaction made pursuant to a Rule 10b5-1 instruction letter adopted on May 31, 2023"
restricted stock units ("RSUs") financial
"to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Employee Stock Purchase Plan financial
"Includes 653 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
What insider transaction did RVMD executive Stephen Michael Kelsey report?
Stephen Michael Kelsey reported selling 4,175 shares of Revolution Medicines common stock. The shares were sold on June 16, 2026 in an open-market transaction at a weighted average price of $156.1192 per share, according to the Form 4 disclosure.
Was the June 16, 2026 RVMD insider sale by Kelsey pre-planned?
Yes. The filing states the sale was made under a Rule 10b5-1 instruction letter adopted May 31, 2023. Such plans pre-schedule trades, indicating this transaction followed a pre-arranged program rather than a discretionary market-timing decision.
What equity awards are included in Kelsey’s reported RVMD holdings?
Kelsey’s reported 291,876 shares include 76,251 restricted stock units and 653 shares from the Employee Stock Purchase Plan. This mix highlights both time-based equity awards and employee share purchases within his overall position in Revolution Medicines.