Pharvaris' CEO Dumped Over 23,000 Company Shares. Here's What That Means for Investors.

2 hours ago 3

Robert Izquierdo, The Motley Fool

Mon, April 13, 2026 astatine 9:44 AM CDT 4 min read

On April 9, 2026, Berndt Modig, Chief Executive Officer of Pharvaris N.V. (NASDAQ:PHVS), reported the nonstop merchantability of 23,333 communal shares for a full transaction worth of astir $647,000, according to a SEC Form 4 filing.

Metric

Value

Shares sold (direct)

23,333

Transaction value

~$647,000

Post-transaction shares (direct)

142,084

Post-transaction shares (indirect)

950,000

Post-transaction worth (direct ownership)

~$3.85 million

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($27.74); post-transaction worth based connected April 9, 2026 marketplace adjacent (using $27.07 per share).

  • What information of Modig's involvement was affected by this transaction?
    This merchantability accounted for 14.11% of Modig's nonstop presumption but lone 2.09% of his full Pharvaris holdings, fixed the important indirect involvement retained done Schoodif Management BV.

  • Did the transaction impact immoderate derivative securities oregon indirect holdings?
    No derivative securities oregon indirect shares were transacted; each 23,333 shares sold were held straight anterior to the disposition.

  • How does this enactment acceptable wrong the discourse of Modig's caller trading and disposable capacity?
    With nonstop holdings reduced to 142,084 shares post-sale and indirect holdings unchanged, the transaction reflects regular Rule 10b5-1 liquidity absorption and a shrinking disposable nonstop stock basal for further sales.

  • How does the merchantability terms comparison to caller marketplace levels?
    The weighted mean merchantability terms of astir $27.74 per stock was somewhat supra the latest closing terms of $26.63 arsenic of April 10, 2026.

Metric

Value

Price (as of marketplace adjacent 2026-04-09)

$27.07

Market capitalization

$1.74 billion

Net income (TTM)

($175.70 million)

1-year terms change

121.92%

* 1-year show calculated utilizing April 9th, 2026 arsenic the notation date.

  • Pharvaris N.V. develops oral therapies targeting hereditary angioedema (HAE), including PHA121, PHVS416 (on-demand brushed capsule), and PHVS719 (prophylactic extended-release tablet), with products successful assorted phases of objective trials.

  • The institution operates a clinical-stage biopharmaceutical model, focusing connected research, development, and aboriginal commercialization of proprietary small-molecule drugs for uncommon diseases.

Pharvaris N.V. is simply a Leiden-based biotechnology institution specializing successful the improvement of oral therapies for uncommon diseases, with a superior absorption connected hereditary angioedema.

The institution leverages its expertise successful small-molecule cause find to beforehand a pipeline of differentiated treatments targeting important unmet aesculapian needs. Its strategy centers connected objective innovation and planetary marketplace entree to found a competitory presumption successful the uncommon illness therapeutics landscape.

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