Form 4: Revolution Medicines General Counsel Sells Shares for Tax Obligations Under Pre-Arranged Plan
Insider Transaction Report
Revolution Medicines, Inc.'s General Counsel, Jeff Cislini, sold 1,878 shares of common stock for approximately $39.83 per share to cover tax withholding obligations related to RSU vesting, as disclosed in a recent SEC Form 4 filing.
Summary
- Jeff Cislini, General Counsel of Revolution Medicines, Inc., reported the sale of 1,878 shares of the company's common stock.
- The transaction occurred on June 16, 2025, at a weighted average price of $39.83 per share, resulting in an approximate total sale value of $74,740.74.
- This sale was executed pursuant to a Rule 10b5-1 instruction letter adopted on May 31, 2023, specifically to satisfy Mr. Cislini's tax withholding obligation upon the vesting of restricted stock units (RSUs) after July 15, 2023.
- Following this reported transaction, Mr. Cislini beneficially owns 56,005 shares of Revolution Medicines common stock.
- The beneficial ownership includes 49,054 RSUs and 160 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2025.
Sentiment
Score: 5
Explanation: The transaction is a routine, pre-planned sale by an executive to cover tax withholding obligations upon RSU vesting, which is a common and expected event and does not indicate a change in company fundamentals or executive sentiment.
Positives
- The sale was conducted under a pre-arranged Rule 10b5-1 plan, indicating a structured and non-discretionary transaction rather than a discretionary sale based on new information.
- The stated purpose of the sale was to cover tax withholding obligations related to RSU vesting, which is a routine and expected event for executives receiving equity compensation.
Negatives
- The transaction represents a reduction in the direct common stock holdings of a key executive, although it is for a specific, non-discretionary purpose.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It reflects an individual executive's share activity rather than company-wide strategic or operational developments.
Stakeholder Impact
- Shareholders: Minimal direct impact, as it's a small, routine sale for tax purposes by one executive, not indicative of a change in company prospects.
- Employees: No direct impact mentioned.
- Customers: No direct impact mentioned.
- Suppliers: No direct impact mentioned.
- Creditors: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 2023-05-31 | Date Rule 10b5-1 instruction letter was adopted. |
| 2023-07-15 | Date after which restricted stock units (RSUs) vested, triggering tax withholding obligations. |
| 2025-05-31 | Date 160 shares were acquired under the Issuer's Employee Stock Purchase Plan. |
| 2025-06-16 | Date of the reported transaction (sale of common stock). |
| 2025-06-18 | Date the Form 4 was signed and filed. |
Recommendation
holdKeywords
Revolution Medicines, RVMD, SEC Form 4, Insider Trading, Stock Sale, Jeff Cislini, General Counsel, Rule 10b5-1, Restricted Stock Units, RSU Vesting, Tax Withholding, Employee Stock Purchase Plan
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