Revolution Medicines (RVMD) counsel sells 2,958 pre-planned shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Revolution Medicines General Counsel Jeff Cislini reported selling 2,958 shares of common stock in two open-market transactions. On March 17, he sold 1,795 shares at $99.4804 per share, and on March 19 he sold 1,163 shares at $97.44 per share. One sale was made under a Rule 10b5-1 instruction letter related to tax withholding on vested RSUs, and the other under a 10b5-1 trading plan. After these sales, he directly holds 58,518 shares, including 48,125 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,958 shares ($291,890)
Net Sell
2 txns
Insider
Cislini Jeff
Role
General Counsel
Sold
2,958 shs ($292K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,163 | $97.44 | $113K |
| Sale | Common Stock | 1,795 | $99.4804 | $179K |
Holdings After Transaction:
Common Stock — 58,518 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. Includes 48,125 RSUs. Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 13, 2025.
FAQ
What insider transactions did Revolution Medicines (RVMD) report for Jeff Cislini?
Revolution Medicines reported that General Counsel Jeff Cislini sold 2,958 shares of common stock in two open-market transactions. These occurred on March 17 and March 19, 2026, at prices near $99.48 and $97.44 per share, respectively.
Were the recent RVMD insider stock sales by Jeff Cislini pre-planned?
Yes. One transaction was executed under a Rule 10b5-1 instruction letter adopted on May 31, 2023 for RSU tax withholding, and the other followed a 10b5-1 trading plan adopted on March 13, 2025, indicating pre-scheduled activity.
What is the role of restricted stock units (RSUs) in Jeff Cislini’s RVMD ownership?
Jeff Cislini’s reported holdings include 48,125 RSUs, which are rights to receive RVMD shares as vesting conditions are met. One of the disclosed transactions relates to a Rule 10b5-1 instruction letter used to cover tax withholding on vesting RSUs.