Pharvaris (PHVS) CFO David W. Nassif Sells 6,000 Shares

What Happened
David W. Nassif, Chief Financial Officer and Chief Legal Officer of Pharvaris N.V. (PHVS), disposed of 6,000 shares in an open-market sale on September 21, 2026, generating approximately $218,801 in proceeds. He also gifted 500 shares to a charitable organization the same day (no proceeds).

Key Details

• Transaction date: 2026-09-21; Form 4 filed: 2026-09-23.
• Sale: 6,000 shares at a weighted average price of $36.47 per share (range: $36.30–$36.71); total proceeds ~$218,801. (Footnote: weighted average reflects multiple trades; reporting person can provide per-trade prices on request.)
• Gift: 500 shares reported as a gift to a charitable organization (no proceeds).
• Shares sold were acquired upon vesting of restricted stock units (RSUs).
• Shares owned after the transaction: not specified in the information provided.
• No 10b5-1 plan or option exercise was reported in this filing.

Context

• This was a sale (and a charitable gift), not a purchase — sales are often routine (e.g., tax or diversification) and do not by themselves indicate management sentiment.
• The gift to charity is a non-market transaction and should not be interpreted as a bullish or bearish signal.
• The filing discloses the weighted average sale price and the RSU origin of the shares, which explains why the sale occurred after vesting rather than an exercise of options.