Modig Berndt 4
4 · Pharvaris N.V. · Filed Apr 20, 2026
Research Summary
AI-generated summary of this filing
Pharvaris (PHVS) CEO Berndt Modig Sells 2,292 Shares
What Happened
Berndt Modig, CEO of Pharvaris N.V., sold 2,292 shares of Pharvaris common stock on April 16, 2026. The weighted average sale price reported was $28.60 per share, for total proceeds of approximately $65,559. This transaction is reported as a sale (S).
Key Details
- Transaction date: 2026-04-16 (reported on Form 4 filed 2026-04-20).
- Price: weighted average $28.60; individual sale prices ranged from $28.32 to $28.82 (per filing).
- Shares sold: 2,292; proceeds ≈ $65,559.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes of note: the sales were made pursuant to a Rule 10b5‑1 trading plan and include shares acquired upon vesting of restricted stock units (RSUs). The filer offers to provide a per‑price breakdown on request. Schoodic Management BV is an entity controlled by Mr. Modig (per filing).
- Timeliness: trade dated 4/16/2026 and Form 4 filed 4/20/2026. Form 4s are generally due within two business days of the transaction; you may wish to verify timeliness with the full filing.
Context
This was a sale executed under a Rule 10b5‑1 plan and included shares from vested RSUs. Sales under prearranged 10b5‑1 plans are common and typically indicate a pre-planned disposition rather than a spontaneous trading decision; the filing itself does not provide a motive.
Insider Transaction Report
Form 4
Pharvaris N.V.PHVS
Modig Berndt
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
[F1]2026-04-16$28.60/sh−2,292$65,559→ 139,792 total
Holdings
- 950,000(indirect: By Schoodic Management BV)
Common Stock
[F2]
Footnotes (2)
- [F1]The reported price represents a weighted average sale price for shares sold in multiple transactions on the reported date pursuant to a Rule 10b5-1 trading plan. The shares reported herein include shares of common stock acquired upon vesting of restricted stock units on various dates. The sales prices for the transactions ranged from $28.32 to $28.82. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- [F2]Schoodic Management BV, an entity controlled by Mr. Modig.
Signature
/s/ Marnus Nel, Attorney-in-Fact for Berndt Modig|2026-04-20