Mehrotra Parth 4

What Happened Parth Mehrotra, Chief Executive Officer of Privia Health Group, Inc. (PRVA), sold a total of 53,992 shares in two open-market/private sale transactions to cover tax withholding related to vested performance stock units. On 2026-03-12 he sold 26,763 shares at $21.90 each for $586,110, and on 2026-03-13 he sold 27,229 shares at $21.52 each for $585,968 — total proceeds about $1,172,078. These were sales (not purchases) and reflect routine sell-to-cover tax withholding rather than a discretionary cash-out.

Key Details

• Transaction dates & prices:
  • 2026-03-12: 26,763 shares @ $21.90 = $586,110
  • 2026-03-13: 27,229 shares @ $21.52 = $585,968
• Total: 53,992 shares sold for ~$1,172,078.
• Shares owned after transaction: Not specified in the information provided in this summary/Form 4 excerpt.
• Footnote: The Form 4 notes these were nondiscretionary "sell to cover" sales to satisfy tax withholding obligations tied to vesting/settlement of performance stock units (Footnote F1).
• Transaction code: S = Sale. Filing date was 2026-03-16 (appears timely based on SEC Form 4 rules).

Context Sell-to-cover transactions are common when restricted or performance awards vest and taxes must be paid; they generally do not signal a CEO changing their view on the company. For retail investors, purchases by insiders tend to be more informative about confidence than routine withholding sales. This filing is factual reporting of the tax-withholding sales.