[Form 4] Revolution Medicines, Inc. Insider Trading Activity
Insider sale to cover taxes: This Form 4 shows Jeff Cislini, General Counsel of Revolution Medicines, executed a sale of 1,869 shares of common stock on 09/16/2025 at $45.8249 per share under a Rule 10b5-1 plan adopted May 31, 2023 to satisfy tax withholding for vested restricted stock units (RSUs). After the transaction he beneficially owns 52,224 shares, which includes 43,910 RSUs. The filing was signed by an attorney-in-fact on 09/18/2025. The disclosure is a routine insider tax-withholding sale rather than a discretionary trade.
- Transaction executed under a Rule 10b5-1 plan, indicating preplanned, non-discretionary sale
- Clear disclosure of post-transaction beneficial ownership (52,224 shares) and RSU amount (43,910 RSUs)
- Sale size is small relative to total beneficial holdings, suggesting administrative tax withholding rather than major divestiture
- Form signed by attorney-in-fact, showing proper execution of filing
- None.
Insights
TL;DR: Routine, pre-arranged sale under a 10b5-1 plan to satisfy tax withholding; not a signal of strategic disposition.
The reported sale of 1,869 shares at $45.8249 was executed under a Rule 10b5-1 instruction adopted May 31, 2023 to cover tax obligations from RSU vesting. The magnitude of the sale is small relative to total shares beneficially owned (52,224) and the large component of unvested/vested RSUs (43,910), indicating the transaction is administrative rather than a liquidity-driven or company-specific signal. For investors, this reduces concerns that an executive is materially divesting ownership for non-tax reasons.
TL;DR: Proper use of a 10b5-1 plan and attorney-in-fact signature; disclosure appears compliant and routine.
The filing specifies a 10b5-1 instruction date and shows an attorney-in-fact signature, consistent with governance best practices for preplanned trades and delegation. The inclusion of RSU counts and post-transaction beneficial ownership provides clear transparency. There is no indication of unusual timing or omission of required details in the provided form text.