Fargis Edward C 4
Research Summary
AI-generated summary
Privia Health (PRVA) EVP Edward C. Fargis Sells Shares
What Happened
Edward C. Fargis, EVP and General Counsel of Privia Health Group (PRVA), sold a total of 9,343 shares in two open‑market transactions related to vesting equity. On 2026-03-06 he sold 4,394 shares at $23.15 each for $101,721, and on 2026-03-09 he sold 4,949 shares at $22.84 each for $113,035 — total proceeds of $214,756. These were sales (not purchases) and are reported as routine sell‑to‑cover transactions to satisfy tax withholding.
Key Details
- Transaction dates and prices:
- 2026-03-06: 4,394 shares sold at $23.15 ($101,721)
- 2026-03-09: 4,949 shares sold at $22.84 ($113,035)
- Total shares sold: 9,343; total proceeds: $214,756.
- Transaction type/code: S (sale); open market.
- Footnote: F1 — sales are nondiscretionary sell‑to‑cover transactions to satisfy tax withholding for vested restricted stock units (RSUs).
- Filing: Form 4 filed 2026-03-10 (timely within the two‑business‑day reporting window).
- Shares owned after the transactions: not specified in the provided filing excerpt.
Context
These sales were executed to cover tax obligations tied to RSU vesting (a common, automatic transaction) and do not necessarily indicate a change in the insider’s view of the company. Purchases generally carry more interpretive weight for signaling, while routine sell‑to‑cover transactions are administrative.
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