Pharvaris N.V.·4

Jun 15, 5:22 PM ET

Lu Peng 4

Research Summary

AI-generated summary

Updated

Pharvaris (PHVS) CMO Lu Peng Withholds 109 Shares for Taxes

What Happened
Lu Peng, Chief Medical Officer of Pharvaris N.V. (PHVS), had 109 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The shares were withheld on June 11, 2026 at a reported fair market value of $31.51 per share, resulting in a disposition valued at approximately $3,435. This was a tax-withholding event (transaction code F), not an open-market sale or purchase.

Key Details

  • Transaction date: June 11, 2026
  • Price used for withholding: $31.51 per share
  • Shares withheld/disposed: 109 shares
  • Total value of withheld shares: $3,435 (rounded)
  • Footnote: F1 — shares were withheld to satisfy tax withholding on RSUs that vested on June 11, 2026; withholding price = fair market value $31.51/share
  • Shares owned after transaction: not specified in the provided filing
  • Filing date: June 15, 2026 (filed within the standard two-business-day Form 4 window)

Context
Tax withholding on vested RSUs is a routine administrative disposition and does not reflect a discretionary sale by the insider. It reduces the insider’s share count to cover tax obligations rather than indicating a sentiment-based trade.