Revolution Medicines (RVMD) Senior Advisor Kelsey S. Michael Sells Shares
$RVMD · Revolution Medicines, Inc.Research Summary
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Revolution Medicines (RVMD) Senior Advisor Kelsey S. Michael Sells Shares
What Happened
Kelsey Stephen Michael, Senior Advisor to the CEO of Revolution Medicines (RVMD), sold a total of 5,569 shares in open-market transactions on September 16, 2026. The filing shows: 85 shares at a weighted average price of $195.01 for $16,576, and 5,484 shares at $199.30 for $1,092,979 — total proceeds of $1,109,555. These were reported as sales (S).
Key Details
- Transaction date: 2026-09-16; Form 4 filed: 2026-09-18 (timely).
- Prices: 85 shares at $195.01 (executed in multiple trades at $195.00–$195.03 per footnote); 5,484 shares at $199.30.
- Total shares sold: 5,569; total proceeds: $1,109,555.
- Shares owned after transaction: not specified in the provided data; filing notes include 65,613 restricted stock units (RSUs).
- Notable footnotes: Sale(s) made pursuant to a Rule 10b5‑1 instruction adopted May 31, 2023 to satisfy the reporting person’s tax withholding obligation upon RSU vesting (tax-withholding sale).
Context
These sales were executed under a pre-established 10b5‑1 plan to cover tax withholding for vested RSUs, which is a common, routine reason for insider sales and not necessarily a directional signal about the company. For investors, purchases or unscheduled sales by insiders can be more informative; this filing reflects a tax-driven disposition rather than an opportunistic market trade.