Pharvaris (PHVS) CEO Berndt Modig Sells 2,292 Shares

What Happened

• Berndt Modig, CEO of Pharvaris N.V., reported the sale of 2,292 shares on 2026-07-13. The shares were sold for a weighted average price of $34.97, generating roughly $80,154 in proceeds. The filing lists the transaction as a sale (S).

Key Details

• Transaction date: 2026-07-13; weighted average price: $34.97; total proceeds: ~$80,154. Reported individual sale prices ranged from $34.68 to $35.11.
• Transaction type: Sale under a pre-arranged Rule 10b5-1 trading plan (scheduled sale).
• Shares sold include shares acquired upon vesting of restricted stock units (RSUs). The filer can provide a breakdown of the number of shares sold at each price on request (per the filing).
• Reporting entity: Schoodic Management BV, an entity controlled by Mr. Modig (per footnote).
• Filing timeliness: Report filed 2026-07-15 for a 2026-07-13 transaction — no late filing indicated in the provided record.
• Shares owned after the transaction: Not specified in the provided filing.

Context

• This was a scheduled 10b5-1 sale, which is a pre-arranged plan that allows insiders to sell shares at set times; such sales are generally considered routine and do not necessarily reflect current views on the company.
• The sale consisted in part of shares from RSU vesting and covered multiple executions at slightly different prices, which is why a weighted average price is reported.