Lu Peng 4

What Happened
Lu Peng, Chief Medical Officer of Pharvaris N.V. (PHVS), had a total of 226 shares withheld to satisfy tax withholding obligations when restricted stock units (RSUs) vested. On May 11, 2026, 109 shares were withheld at $30.09 each ($3,280). On May 12, 2026, 117 shares were withheld at $29.95 each ($3,504). These withholdings are dispositions (code F) tied to tax obligations on RSU vesting and are routine, not open-market selling for investment reasons.

Key Details

• Transaction dates and prices:
  • May 11, 2026 — 109 shares withheld at $30.09/share (value $3,280). (Footnote F1)
  • May 12, 2026 — 117 shares withheld at $29.95/share (value $3,504). (Footnote F2)
• Total shares withheld: 226; total value for tax withholding: $6,784.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 and F2 state shares were withheld to satisfy tax withholding upon RSU vesting on the respective dates.
• Filing timeliness: Report filed May 13, 2026 for transactions on May 11–12, 2026 — appears timely based on available dates.

Context
Tax-withholding dispositions on RSU vesting are common and typically reflect fulfillment of tax obligations rather than a discretionary sale signaling a view on the company. This was not an open-market sale or a 10b5-1 plan; it was a mechanical withholding to cover taxes at vesting.