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.
| 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).
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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.
| 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.
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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.
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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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