Modig Berndt sold $90K of PHVS
Modig Berndt (Chief Executive Officer) sold 2,291 shares of Pharvaris N.V. (PHVS) at $39.40 on 2026-09-14 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The CEO's sale via a pre‑arranged plan is a routine liquidity move; unlikely to drive major price change.
Market read
Provides fresh insider data for traders monitoring PHVS; limited broader market effect.
What to watch
Potential upcoming clinical data or financing events not disclosed.
Background
Form 4 filing reveals insider transaction for Pharvaris N.V. (PHVS).
Ticker impact
CEO Modig Berndt sold 2,291 shares for $90,276 via a 10b5‑1 plan.
Potential short‑term downward pressure, likely limited to a few cents.
The sale size is modest relative to holdings; market may view it as routine.
Market effects
Minimal impact on biotech sector; typical insider activity.
No significant regional effect.
Limited to investors tracking PHVS.
Counterpoint
The sale could be a strategic tax‑loss harvest rather than a negative signal.
Key entities
- CompanyPharvaris N.V.
Biotech firm listed on Nasdaq under ticker PHVS.
- PersonModig Berndt
Chief Executive Officer of Pharvaris.

