Pharvaris (PHVS) President Lu Peng Withholds Shares for Taxes

What Happened

Lu Peng, President of Pharvaris N.V., had shares withheld by the company to satisfy tax withholding on vested restricted stock units (RSUs). On Aug 11, 2026, 109 shares were withheld at $34.84 per share (value $3,798). On Aug 12, 2026, 117 shares were withheld at $34.42 per share (value $4,027). Combined, 226 shares were withheld for taxes, totaling about $7,825. These transactions are tax withholdings (transaction code F), not open-market sales or purchases.

Key Details

• Transaction dates and prices: Aug 11, 2026 — 109 shares @ $34.84 ($3,798); Aug 12, 2026 — 117 shares @ $34.42 ($4,027).
• Total withheld: 226 shares, ≈ $7,825.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnote: F1 — shares withheld by the issuer to satisfy tax withholding obligations upon RSU vesting.
• Filing: Form 4 filed Aug 13, 2026 (Period of Report Aug 11, 2026); no late filing indicated (filed within typical two-business-day window).

Context

Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not by itself indicate a buy or sell sentiment. For retail investors, note that actual purchases or open-market sales by insiders are generally more informative than tax-withholding transactions.