PHVS Pharvaris N.V.

BEARISH Impact: 5/10 Insider Cluster (4 insiders)
Horizon days Filed Apr 16, 2026 Processed 1mo ago
Insider cluster: 4 insiders, $0.1M total
Latest settled — T+20d ⚠ clustered
PHVS ▲ +14.45% at T+20d
SHORT call ✗ call lost -14.45% · α vs SPY -8.64% · entry $28.78 → $32.94
Next anchor: T+60d in 4w
Last close $31.59 (close Jun 8) · -9.76% from $28.78 entry (call sign-flipped)
Entry anchored
Apr 15, 03:59 PM ET
via Databento tick
T+1d
-0.69%
call +0.69% · α +1.91%
$28.58
settled 8w ago
T+5d
-5.18%
call +5.18% · α +6.16%
$27.29
settled 7w ago
T+20d
+14.45%
call -14.45% · α -8.64%
$32.94
settled 28d ago
T+60d
call — · α —
in 4w

Price Chart

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Executive Summary

Four corporate insiders at Pharvaris N.V. (PHVS) sold shares in a concentrated 7-day window, including CEO Berndt Modig who sold $66K worth of stock. The total open-market sales amount to approximately $219,000, with additional non-cash derivative exercises that do not represent economic dispositions. This represents a modest but notable insider selling cluster involving key C-suite executives.

Key Financial Metrics

Direction
selling
Total Value
$429.0K
Insiders
4

Actionable Insight

While the dollar volume is not large relative to market cap, the coordinated selling by the CEO, CMO, and other executives raises caution, especially ahead of potential catalysts. Monitor upcoming earnings or clinical trial updates for confirmation of business momentum. Consider this a warning sign if no positive news follows.

Key Facts

  • CEO Berndt Modig sold 2,300 shares for $66,000 on April 16, 2026, at $28.60 per share.
  • Chief Medical Officer Lu Peng sold 7,101 shares across two transactions totaling $213,405 (including $210,402 on April 22 and $3,003 on April 23).
  • Chief Early Development Anne Lesage sold 600 shares for $18,003 across two dates (April 22 and 23).
  • Director Schikan sold 7,100 shares for $213,382 (April 22 and 23).
  • Total open-market sales by insiders: ~$429,000 over 7 days.
  • Multiple non-cash derivative exercises occurred (transaction codes A, M, F), totaling $0 in economic value.
  • Cluster involves three C-suite executives and one director, increasing signal relevance.

Financial Impact

$429,000 in total open-market insider sales over 7 days, representing ~0.024% of $1.8B market cap — modest in scale but notable due to participation by top executives.

insider sentimentshareholder confidence

Risk Factors

  • Insider selling may signal reduced confidence in near-term valuation or upcoming headwinds.
  • Non-cash derivative exercises could indicate routine option expirations rather than strategic economic decisions, but open-market sales are more meaningful.

Market Snapshot

Exchange
Nasdaq
Sector
Pharmaceutical Preparations
Analyst Consensus
84% bullish (19 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PHVS-1777054200768
23 reports for PHVS
Performance horizon
75% Hit rate 3 of 4 directional calls best @ T+20▲ +11.42%Mar 20, 2026
Filters
Rows
Reports for PHVS — sortable, filterable
Type Now
May 29, 2026
11d ago
Press Release
NEUTRAL ★ 4/10
$30.16 $31.09▲ +3.08%▲ +5.61%$31.59 (+4.74%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 4/10
$29.47 $30.14▲ +2.27%▲ +1.80%$31.59 (+7.19%)
May 26, 2026
14d ago
Insider Cluster
BEARISH ★ 5/10
$29.47 $30.14▼ −2.27%▼ −1.80%$31.59 (−7.19%)
May 22, 2026
18d ago
Insider Cluster
NEUTRAL ★ 3/10
$29.68 $29.10▼ −1.95%▼ −3.63%$31.59 (+6.44%)
May 21, 2026
19d ago
144
NEUTRAL ★ 3/10
$29.68 $29.10▼ −1.95%▼ −3.61%$31.59 (+6.44%)
May 20, 2026
20d ago
Insider Cluster
NEUTRAL ★ 3/10
$30.54 $30.16▼ −1.24%▼ −3.09%$31.59 (+3.44%)
May 20, 2026
20d ago
144
NEUTRAL ★ 2/10
$30.54 $30.16▼ −1.24%▼ −3.09%$31.59 (+3.44%)
May 19, 2026
21d ago
Insider Cluster
NEUTRAL ★ 4/10
$29.45 $29.86▲ +1.39%▼ −0.41%$31.59 (+7.27%)
May 12, 2026
28d ago
Press Release
NEUTRAL ★ 5/10
$32.94 $28.95▼ −12.11%▼ −10.95%$31.59 (−4.10%)
May 11, 2026
29d ago
6-K
NEUTRAL ★ 4/10
$31.25 $28.81▼ −7.81%▼ −7.89%$31.59 (+1.09%)
Showing 10 of 23

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