PHVS Pharvaris N.V.
Price Chart
Executive Summary
Two C-suite insiders at Pharvaris sold a combined $560K in open-market sales on May 15, 2026, just 11 days after the company completed a ~$107.5M public offering at $29.68 per share. The sales are small relative to the $2.0B market cap (0.03%) and likely reflect post-offering liquidity/vesting rather than a bearish signal, but the proximity to the dilutive raise warrants attention.
Key Financial Metrics
Actionable Insight
The cluster is too small to drive a directional trade. Monitor for any Form 4 filings by CEO/CFO in the next 30 days — if they also sell, that would be a more credible bearish signal. The offering extended cash runway into H1 2028, reducing near-term financing risk.
Key Facts
- Chief Commercial Officer Wim Souverijns sold 10,000 shares at $29.92 for $299K on May 15, 2026.
- Chief Technical Ops Officer Stefan Andreas Abele sold 8,748 shares at $29.82 for $261K on May 15, 2026.
- Total insider sales of $560K represent 0.03% of Pharvaris's $2.0B market cap.
- Sales occurred 11 days after a $107.5M public offering at $29.68 per share (424B5 filed May 8, 2026).
- Both insiders sold on the same day, suggesting a shared liquidity event (e.g., post-offering blackout window opening) rather than coordinated bearish conviction.
- Prior 30-day insider activity showed 4 sells totaling $1.4M, consistent with routine post-IPO/offering patterns.
Financial Impact
Total insider sales of $560K — trivial relative to $2.0B market cap and $107.5M offering proceeds.
Risk Factors
- Further insider selling by C-suite could signal lack of confidence in near-term catalysts.
- Post-offering dilution of ~3.9M shares may pressure stock in the short term.
- Clinical-stage biotech binary risk: any pipeline setback could amplify insider selling patterns.
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PHVS-1779230721685 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 29, 2026
11d ago
|
Press Release
| $30.16 $31.09 | ▲ +3.08% | ▲ +5.61% | $31.59 (+4.74%) |
|
May 26, 2026
14d ago
|
Insider Cluster
| $29.47 $30.14 | ▲ +2.27% | ▲ +1.80% | $31.59 (+7.19%) |
|
May 26, 2026
14d ago
|
Insider Cluster
| $29.47 $30.14 | ▼ −2.27% | ▼ −1.80% | $31.59 (−7.19%) |
|
May 22, 2026
18d ago
|
Insider Cluster
| $29.68 $29.10 | ▼ −1.95% | ▼ −3.63% | $31.59 (+6.44%) |
|
May 21, 2026
19d ago
|
144
| $29.68 $29.10 | ▼ −1.95% | ▼ −3.61% | $31.59 (+6.44%) |
|
May 20, 2026
20d ago
|
Insider Cluster
| $30.54 $30.16 | ▼ −1.24% | ▼ −3.09% | $31.59 (+3.44%) |
|
May 20, 2026
20d ago
|
144
| $30.54 $30.16 | ▼ −1.24% | ▼ −3.09% | $31.59 (+3.44%) |
|
May 19, 2026
21d ago
|
Insider Cluster
| $29.45 $29.86 | ▲ +1.39% | ▼ −0.41% | $31.59 (+7.27%) |
|
May 12, 2026
28d ago
|
Press Release
| $32.94 $28.95 | ▼ −12.11% | ▼ −10.95% | $31.59 (−4.10%) |
|
May 11, 2026
29d ago
|
6-K
| $31.25 $28.81 | ▼ −7.81% | ▼ −7.89% | $31.59 (+1.09%) |
US Market Status
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