Mountcastle David 4
Research Summary
AI-generated summary
Privia Health (PRVA) CFO David Mountcastle Sells Shares
What Happened
- David Mountcastle, Chief Financial Officer of Privia Health Group, sold a total of 11,006 shares in two open‑market transactions. On 2026-03-06 he sold 5,177 shares at $23.15 each for $119,848, and on 2026-03-09 he sold 5,829 shares at $22.84 each for $133,134, for combined proceeds of about $252,982. These were sales (not purchases).
Key Details
- Transaction dates and prices:
- 2026-03-06: 5,177 shares sold at $23.15 — $119,848
- 2026-03-09: 5,829 shares sold at $22.84 — $133,134
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnote: The filing states these were nondiscretionary "sell to cover" transactions to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units.
- Filing timeliness: Form filed 2026-03-10. The filing does not indicate a late filing flag.
Context
- Sell‑to‑cover transactions are routine tax‑related sales tied to RSU vesting and generally do not signal management intent to reduce holdings for investment reasons. This was not a purchase or option exercise — it was a tax withholding sale of vested equity.