Green Julie 4
4 · Invivyd, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Invivyd (IVVD) CHRO Julie Green Sells Shares After RSU Vesting
What Happened
Julie Green, Chief Human Resources Officer of Invivyd (IVVD), had 99,000 restricted stock units (RSUs convert to common shares) vest on Feb 15, 2026 and those RSUs converted into 99,000 shares. She sold 19,663 shares on Feb 17, 2026 for $1.54 (≈ $30,273) and 20,964 shares on Feb 18, 2026 for $1.58 (≈ $33,077), for total proceeds of about $63,350. The sales were routine sell-to-cover transactions to satisfy tax withholding obligations.
Key Details
- Transaction dates: RSU conversion/vesting on 2026-02-15; sales on 2026-02-17 and 2026-02-18. Filing date: 2026-02-18 (covers period 2026-02-15).
- Sale prices/ranges: reported weighted averages $1.54 and $1.58; individual sale prices ranged 1.505–1.590 and 1.550–1.595 per footnotes.
- Shares sold: 40,627 total (19,663 + 20,964) for ≈ $63,350.
- RSU shares converted: 99,000 shares were converted/issued on vesting (per Form 4 derivative entries).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: sales were non-discretionary "sell-to-cover" transactions under a Rule 10b5-1 plan adopted Feb 20, 2025 (F2); each RSU equals one share (F1); the RSU award vests over 18 months, one-third every 6 months from Feb 15, 2025 (F5).
- Filing timeliness: filed Feb 18 for Feb 15 transactions — appears timely under Form 4 rules.
Context
- These transactions reflect RSU vesting and routine sell-to-cover sales to meet tax withholding, not an independent open-market decision to liquidate additional holdings.
- The derivative/“M” entries show conversion of RSUs into common shares; portions were sold immediately under the pre-arranged plan.
- Such sell-to-cover sales are common after equity awards vest and are not a clear bullish or bearish signal by themselves.
Insider Transaction Report
Form 4
Invivyd, Inc.IVVD
Green Julie
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-15+99,000→ 148,344 total - Sale
Common Stock
[F2][F3]2026-02-17$1.54/sh−19,663$30,273→ 128,681 total - Sale
Common Stock
[F2][F4]2026-02-18$1.58/sh−20,964$33,077→ 107,717 total - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-02-15−99,000→ 102,000 total→ Common Stock (99,000 underlying)
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of Invivyd, Inc. (the "Company").
- [F2]The sales reported on this Form 4 represent shares sold to satisfy the Reporting Person's tax withholding obligations upon vesting of an RSU award in non-discretionary "sell-to-cover" transactions pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on February 20, 2025.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.505 to $1.590, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.550 to $1.595, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.
- [F5]This RSU award vests over an eighteen-month period, with one-third of the RSUs vesting every six months following the grant date of February 15, 2025, subject to the Reporting Person's continuous service as of each vesting date.
Signature
/s/ Jill Andersen attorney-in-fact for Julie Green|2026-02-18