Monitor for actual sale execution via future Form 4 filings; while routine, the sale by a director may signal reduced conviction ahead of potential catalysts. Given the relatively small size relative to company's $1.8B market cap, immediate market impact is likely limited.
Price Chart
Executive Summary
Berndt Modig, a director and officer of Pharvaris N.V., filed a Form 144 to notify of intent to sell up to 23,333 common shares acquired through vested restricted stock units. The sale is planned on the NASDAQ exchange, with proceeds to be handled through Morgan Stanley Smith Barney.
Key Facts
- Reporting person: Berndt B.A.E. Modig, Director and Officer of Pharvaris N.V.
- Number of shares proposed for sale: 23,333 common shares
- Shares were acquired upon vesting of restricted stock units between 05/31/2025 and 03/12/2026
- Filing date: April 8, 2026
- Broker: Morgan Stanley Smith Barney LLC
- No specific price or total value disclosed in filing
Financial Impact
Approximately $2.3 million based on current market price (~$100/share), though exact value depends on sale timing
Risk Factors
- Perception of insider selling could weigh on investor sentiment, especially if no follow-on purchases are made
- Timing relative to upcoming earnings or clinical trial readouts is unknown
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-003332 |
| Document: 0001950047-26-003332-index.html | 0001950047-26-003332 |
| Document: 0001950047-26-003332.txt | 0001950047-26-003332 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | Insider Cluster | $38.06 $36.37 | ▲ +4.44% | ▲ +5.26% | $31.07 (+18.38%) |
Sep 14, 2026 17d ago | 144 | $38.06 $35.20 | ▼ −7.51% | ▼ −9.63% | $31.07 (−18.38%) |
Sep 14, 2026 18d ago | Insider Cluster | $38.86 $36.02 | ▼ −7.31% | ▼ −7.41% | $31.07 (−20.06%) |
Sep 11, 2026 21d ago | Insider Cluster | $38.02 $36.37 | ▼ −4.34% | ▼ −4.12% | $31.07 (−18.29%) |
Sep 8, 2026 24d ago | 6-K | $37.84 $38.86 | ▲ +2.70% | ▲ +3.36% | $31.07 (−17.90%) |
Aug 12, 2026 7w ago | 6-K | $36.46 $36.27 | ▼ −0.52% | ▼ −0.08% | $31.07 (−14.80%) |
Aug 12, 2026 7w ago | Press Release | $36.46 $36.27 | ▼ −0.52% | ▼ −0.08% | $31.07 (−14.80%) |
Aug 6, 2026 8w ago | Press Release | $34.45 $34.04 | ▼ −1.19% | ▼ −2.40% | $31.07 (−9.83%) |
Jul 6, 2026 12w ago | Press Release | $33.22 $35.07 | ▲ +5.57% | ▲ +5.08% | $31.07 (−6.49%) |
Jul 1, 2026 13w ago | Insider Cluster | $33.86 $35.96 | ▲ +6.20% | ▲ +5.27% | $31.07 (−8.25%) |
US Market Status
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