Pharvaris (PHVS) Director Johannes Schikan Sells 2,400 Shares
$PHVS · Pharvaris N.V.Research Summary
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Pharvaris (PHVS) Director Johannes Schikan Sells 2,400 Shares
What Happened
Schikan Johannes Gerardus Christiaan Petrus, a director of Pharvaris N.V. (PHVS), sold 2,400 shares of PHVS common stock on June 29, 2026. The reported weighted-average sale price was $35.10 per share, for total proceeds of approximately $84,250. This was a disposition (code S) reported on a Form 4.
Key Details
- Transaction date: 2026-06-29
- Shares sold: 2,400
- Reported weighted-average price: $35.10; total proceeds ≈ $84,250
- Price range for the multiple transactions that day: $35.00–$35.30 (per footnote)
- Method: Scheduled sale under a Rule 10b5-1 trading plan (Footnote F1)
- Shares include common stock acquired upon vesting of restricted stock units on various dates (Footnote F2)
- Filing timing: Reported on 2026-06-29 (no late filing indicated in this Form 4)
- Shares owned after transaction: Not specified in this filing
Context
Sales executed under a 10b5-1 plan are pre-arranged and often routine, allowing insiders to sell shares on a set schedule regardless of subsequent company news. The filing notes the sale comprised multiple transactions at prices between $35.00 and $35.30; the reporting person can provide a per-price breakdown on request. Sales of vested RSU shares commonly reflect tax or diversification needs rather than a direct market view.