RVMD Chief Medical Officer's Planned Stock Sale Shows Continued Large Holdings
Rhea-AI Filing Summary
Revolution Medicines (RVMD) Chief Medical Officer Wei Lin reported insider trading activity on June 16, 2025. The transaction involved the sale of 2,173 shares at a weighted average price of $39.83 per share, executed through multiple trades ranging from $39.60 to $39.83.
The sale was conducted under a Rule 10b5-1 trading plan established on December 23, 2024, specifically to address tax withholding obligations related to vesting restricted stock units (RSUs). Following the transaction, Lin maintains beneficial ownership of 90,499 shares, which includes:
- 1,021 shares acquired through the Employee Stock Purchase Plan on May 31, 2025
- 64,800 restricted stock units (RSUs)
This transaction represents a planned sale for tax purposes rather than a discretionary trading decision by the insider, as evidenced by the pre-established 10b5-1 plan.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,173 | $39.83 | $87K |
Footnotes (4)
- F1. Transaction made pursuant to a Rule 10b5-1 instruction letter adopted on December 23, 2024 to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units ("RSUs") after March 15, 2025.
- F2. This transaction was executed in multiple trades in prices ranging from $39.6017 to $39.8291, 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 1,021 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2025.
- F4. Includes 64,800 RSUs.
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