This cluster is routine and non-informative. The option-exercise-and-sell pattern by Director Shawn is mechanically driven by option expiry, not a bearish view. CFO Mountcastle's single sale is small and unremarkable. No action warranted; monitor for any 10b5-1 plan amendments or acceleration of selling pace above $5M/quarter.
Price Chart
Executive Summary
Two insiders at Privia Health sold a combined $2.05M in shares over a one-week window. Director Matthew Shawn executed a large option exercise and immediate sale of 112,759 shares for $3.08M, while CFO David Mountcastle sold 17,200 shares for $433K. The total selling represents approximately 0.06% of market cap, well below the 0.1% materiality threshold, making this a routine cluster likely driven by option expiration and pre-planned diversification.
Key Financial Metrics
Key Facts
- Director Matthew Shawn sold 112,759 shares total ($3.08M) via two transactions on July 2 and July 6, each paired with option exercises at $0 or $2 strike prices
- CFO David Mountcastle sold 17,200 shares at $25.18 for $433K on June 26
- Total cluster value of $2.05M represents ~0.06% of PRVA's $3.4B market cap
- Shawn's sales are classic cashless exercise-and-sell patterns (same-day exercise + sale at market price), not directional bearish signals
- Mountcastle's sale is a single transaction by the CFO, consistent with routine portfolio rebalancing
Financial Impact
Total insider selling of $2.05M represents 0.06% of market cap — trivial relative to company size
Risk Factors
- If selling accelerates beyond $5M/quarter across multiple C-suite executives, it could signal deteriorating confidence
- The 88% analyst bullish consensus creates elevated expectations — any future insider selling above 0.5% of market cap would be more concerning
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PRVA-1783490639486 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 13, 2026 11w ago | Insider Cluster | $28.03 $21.98 | ▼ −21.58% | ▼ −24.08% | $20.30 (−27.58%) |
Jul 9, 2026 12w ago | Insider Cluster | $27.77 $22.00 | ▼ −20.78% | ▼ −23.02% | $20.30 (−26.90%) |
Jul 7, 2026 12w ago | Press Release | $27.23 $23.79 | ▼ −12.63% | ▼ −13.97% | $20.30 (−25.45%) |
Jul 7, 2026 12w ago | Insider Cluster | $27.23 $23.79 | ▼ −12.63% | ▼ −13.97% | $20.30 (−25.45%) |
Jul 2, 2026 13w ago | Insider Cluster | $27.36 $23.86 | ▼ −12.79% | ▼ −12.38% | $20.30 (−25.80%) |
May 27, 2026 18w ago | Press Release | $21.74 $24.53 | ▲ +12.83% | ▲ +14.73% | $20.30 (−6.62%) |
May 22, 2026 19w ago | 3 | $22.79 $23.69 | ▲ +3.95% | ▲ +5.37% | $20.30 (−10.93%) |
May 7, 2026 21w ago | 8-K | $23.99 $20.66 | ▼ −13.88% | ▼ −17.02% | $20.30 (−15.38%) |
May 4, 2026 21w ago | Insider Cluster | $24.24 $21.31 | ▼ −12.09% | ▼ −17.73% | $20.30 (−16.25%) |
May 1, 2026 22w ago | Insider Cluster | $24.85 $21.31 | ▼ −14.25% | ▼ −19.53% | $20.30 (−18.31%) |
US Market Status
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