MILLER RICHARD A MD 4
4 · Corvus Pharmaceuticals, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Corvus (CRVS) CEO Richard Miller Buys 6,932 Shares
What Happened
- Richard A. Miller, MD — President, CEO and Director of Corvus Pharmaceuticals (CRVS) — made two open-market purchases on May 18, 2026, acquiring a total of 6,932 shares. He bought 5,000 shares at $12.05 each ($60,250) and 1,932 shares at $12.01 each ($23,203), for a combined cash outlay of approximately $83,453. These were purchases (transaction code P), which investors often view as more informative than routine sales.
Key Details
- Transaction dates and prices: May 18, 2026 — 5,000 shares @ $12.05; May 18, 2026 — 1,932 shares @ $12.01.
- Total shares purchased: 6,932; total value: ~$83,453.
- Shares owned after transaction: Not specified in the excerpt of this filing.
- Footnote: Shares are held by the Miller-Horning Family Trust dated January 25, 1985; Dr. Miller and Sandra J. Horning are trustees. Dr. Miller has shared voting, investment and dispositive power over those trust-held shares (see F1).
- Filing timeliness: Form 4 was filed on May 20, 2026, covering transactions on May 18, 2026 — appearing to be filed within the normal 2-business-day window.
Context
- These were straightforward open-market purchases (no option exercises, gifts, or 10b5-1 plan noted). Purchases by a CEO can be read by some investors as a signal of confidence, but filings alone do not reveal motive. The trust ownership and Dr. Miller’s shared control over trust shares are disclosed in the footnote.
Insider Transaction Report
Form 4
MILLER RICHARD A MD
DirectorPresident and CEO
Transactions
- Purchase
Common Stock
[F1]2026-05-18$12.05/sh+5,000$60,250→ 1,193,103 total(indirect: By Trust) - Purchase
Common Stock
[F1]2026-05-18$12.01/sh+1,932$23,203→ 1,195,035 total(indirect: By Trust)
Holdings
- 1,136,707
Common Stock
Footnotes (1)
- [F1]These shares are held by Richard A. Miller and Sandra J. Horning, Trustees of the Miller-Horning Family Trust u/a/d January 25, 1985 (the "Miller-Horning Trust"). Dr. Miller has shared voting, investment and dispositive power over the shares held by the Miller Horning Trust.
Signature
/s/ Leiv Lea, as Attorney-in-Fact for Richard A. Miller|2026-05-20