Form 4: Pharvaris Director Sells Shares
Insider Transaction (Form 4)
Robert Glassman, a Director of Pharvaris N.V., sold 8,000 shares of common stock on September 9, 2026 for $37.55 per share.
Summary
- Option exercise/conversion: acquired 8,000 Common Stock at $20.00 ($160,000) on September 9, 2026; holds 18,500 after (Direct).
- Open-market sale: disposed of 8,000 Common Stock at $37.55 ($300,396) on September 9, 2026; holds 10,500 after (Direct).
- Option exercise/conversion: disposed of 8,000 Stock Option (Right to Buy) on September 9, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $300,396 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Robert Glassman — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-09 | Option exercise/conversion | Common Stock | 8,000 | $20 | $160.0K | 18,500 |
| 2026-09-09 | Open-market sale | Common Stock | 8,000 | $38 | $300.4K | 10,500 |
| 2026-09-09 | Option exercise/conversion | Stock Option (Right to Buy) | 8,000 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-09 | Option exercise/conversion (8,000 shares) |
| 2026-09-09 | Open-market sale (8,000 shares) |
| 2026-09-09 | Option exercise/conversion (8,000 shares) |
Keywords
insider transaction, Form 4, PHVS, Pharvaris N.V., bearish, Robert Glassman
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