Anders Jack 4
Research Summary
AI-generated summary
Revolution Medicines (RVMD) CFO Anders Jack Sells Shares
What Happened
- Anders Jack, Chief Financial Officer of Revolution Medicines (RVMD), sold 2,753 shares on 2026-03-17 at $99.48 per share for proceeds of about $273,870. The filing classifies the transaction as a sale and indicates it was made under a pre-established Rule 10b5-1 plan to cover tax withholding related to RSU vesting.
Key Details
- Transaction date and price: 2026-03-17, 2,753 shares at $99.48 each.
- Total proceeds: approximately $273,870.
- Filing date: 2026-03-19 (timely; filed within two business days).
- Ownership after transaction: filing notes beneficial ownership includes 56,600 RSUs (footnote F2).
- Footnotes: F1 — sale made pursuant to a 10b5-1 instruction letter adopted May 31, 2023 to satisfy tax withholding on RSU vesting after July 15, 2023; F2 — includes 56,600 RSUs.
Context
- This was a sale to satisfy tax withholding under a 10b5-1 plan (routine and not an explicit endorsement or negative signal about the company). Sales under 10b5-1 plans are pre-scheduled and common following RSU vesting; they typically reflect tax or portfolio-management needs rather than real-time views on the stock.