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Vera Therapeutics (VERA) CEO preplanned sale of 46,250 shares reported

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Vera Therapeutics, Inc. director and CEO Marshall Fordyce reported open-market sales of an aggregate 46,250 shares of Class A common stock on July 7, 2026. The shares were sold at weighted-average prices reflecting trade ranges from $40.39 to $43.97 per share.

The filing notes the sales were made under a written trading plan adopted on January 9, 2026 that meets Rule 10b5-1(c) requirements. Following these transactions, Fordyce holds 197,244 shares directly, plus 99,081 shares held by a trust and 122,949 shares held by a GRAT, both reported as indirect ownership.

Positive

  • None.

Negative

  • None.
Insider Fordyce Marshall
Role PRESIDENT AND CEO
Sold 46,250 shs ($1.96M)
Type Security Shares Price Value
Sale Class A Common Stock 1,000 $40.7762 $41K
Sale Class A Common Stock 32,550 $42.0736 $1.37M
Sale Class A Common Stock 10,500 $42.8578 $450K
Sale Class A Common Stock 2,200 $43.5947 $96K
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 197,244 shares (Direct, null); Class A Common Stock — 122,949 shares (Indirect, By GRAT)
Footnotes (1)
  1. This sale was made pursuant to a written plan adopted on January 9, 2026, meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $40.39 to $41.31, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $41.40 to $42.39, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $42.40 to $43.38, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $43.42 to $43.97, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Shares sold 46,250 shares Aggregate open-market sales on July 7, 2026
Direct holdings after transaction 197,244 shares Class A common stock held directly after sales
Trust holdings 99,081 shares Indirect ownership reported as held by trust
GRAT holdings 122,949 shares Indirect ownership reported as held by GRAT
Sale price example $40.7762 per share Weighted-average price for one sale block
Sale price range (low) $40.39 per share Lowest price in disclosed trade ranges
Sale price range (high) $43.97 per share Highest price in disclosed trade ranges
Rule 10b5-1(c) regulatory
"written plan adopted on January 9, 2026, meeting the requirements of Rule 10b5-1(c)"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
weighted-average price financial
"The price reported is a weighted-average price. These shares were sold in multiple transactions"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
GRAT financial
"total_shares_following_transaction 122949.0000, nature_of_ownership By GRAT"
open-market sale financial
"transaction_action open-market sale, transaction_code_description Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title Class A Common Stock for all reported transactions"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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FAQ

What insider transaction did Vera Therapeutics (VERA) report for Marshall Fordyce?

Vera Therapeutics reported that CEO Marshall Fordyce sold 46,250 shares of Class A common stock in open-market transactions. These trades occurred on July 7, 2026 under a pre-established Rule 10b5-1 trading plan and were executed at weighted-average prices in the low $40 range.

At what prices did the Vera Therapeutics (VERA) CEO sell his shares?

The CEO’s sales used weighted-average prices reflecting multiple trades between about $40 and $44 per share. Footnotes state ranges from $40.39 to $43.97, with specific blocks executed within narrower bands such as $41.40–$42.39 and $42.40–$43.38 per share.

How many Vera Therapeutics (VERA) shares does Marshall Fordyce still own after the sale?

After the reported transactions, Marshall Fordyce holds 197,244 Vera Therapeutics shares directly. He also reports indirect ownership of 99,081 shares held by a trust and 122,949 shares held by a GRAT, indicating substantial ongoing exposure to the company’s equity.

Was the Vera Therapeutics (VERA) CEO stock sale made under a Rule 10b5-1 plan?

Yes. A footnote explains the sale was made under a written trading plan adopted on January 9, 2026 that meets Rule 10b5-1(c) requirements. Such plans pre-schedule trades, helping separate routine diversification from discretionary market-timing decisions by insiders.

How many Vera Therapeutics (VERA) shares did the CEO sell in total?

The filing’s transaction summary shows total sales of 46,250 Vera Therapeutics Class A common shares. These were executed across several open-market sale entries on July 7, 2026, each with its own share amount and weighted-average sale price disclosed in the Form 4 data.

What types of holdings does the Vera Therapeutics (VERA) CEO report besides direct shares?

In addition to direct ownership, Marshall Fordyce reports indirect holdings through estate-planning vehicles. The Form 4 lists 99,081 shares held by a trust and 122,949 shares held by a GRAT, both categorized as indirect ownership of Vera Therapeutics stock.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fordyce Marshall

(Last)(First)(Middle)
C/O VERA THERAPEUTICS, INC.
2000 SIERRA POINT PARKWAY, SUITE 1200

(Street)
BRISBANE CALIFORNIA 94005

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vera Therapeutics, Inc. [ VERA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
PRESIDENT AND CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock07/07/2026S(1)1,000D$40.7762(2)197,244D
Class A Common Stock07/07/2026S(1)32,550D$42.0736(3)164,694D
Class A Common Stock07/07/2026S(1)10,500D$42.8578(4)154,194D
Class A Common Stock07/07/2026S(1)2,200D$43.5947(5)151,994D
Class A Common Stock122,949IBy GRAT
Class A Common Stock99,081IBy Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This sale was made pursuant to a written plan adopted on January 9, 2026, meeting the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended.
2. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $40.39 to $41.31, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
3. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $41.40 to $42.39, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
4. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $42.40 to $43.38, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
5. The price reported is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $43.42 to $43.97, inclusive. The Reporting Person will provide upon request to the staff of the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
/s/ Joseph R. Young, Attorney-in-Fact07/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)