Modig Berndt 4

What Happened
Berndt Modig, CEO of Pharvaris N.V. (PHVS), sold a total of 2,291 shares in open-market transactions on June 15, 2026, for aggregate proceeds of approximately $71,173. The reported disposals were: 2,191 shares at $31.05 ($68,027) and 100 shares at $31.46 ($3,146). These sales were made pursuant to a prearranged Rule 10b5-1 trading plan and include shares that were previously acquired upon vesting of restricted stock units.

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (timely under the 2-business-day rule).
• Reported sales: 2,191 shares @ $31.05 ($68,027) and 100 shares @ $31.46 ($3,146); total ~ $71,173.
• Footnotes: Sales were scheduled under a 10b5‑1 plan; reported shares include RSU-vested shares (F1). A weighted-average disclosure and price range ($30.43–$31.41) is cited for multi-price sales and the filer will provide a per-price breakdown on request (F2). Schoodic Management BV is an entity controlled by Mr. Modig (F3).
• Shares owned after the transaction: not specified in this filing.

Context
These were sales (not purchases), conducted under a Rule 10b5‑1 plan—which is a preset trading arrangement that insiders often use to systematically sell shares and helps demonstrate trades were preplanned rather than based on inside information. The filing is informational and does not by itself indicate the CEO’s view on Pharvaris’ prospects.