Insider Activity at Pharvaris NV Signals Strategic Confidence
Pharvaris NV’s latest form 3 filing on March 18, 2026 reveals that Chief Commercial Officer Wim Souverijns has maintained a substantial holding of 55,111 common shares while retaining a broad portfolio of restricted stock units (RSUs) and stock‑option awards that continue to vest through 2027. The absence of any new purchases or sales suggests that Souverijns is not seeking to liquidate his stake, but rather to lock in the upside of the company’s promising pipeline. The current market price of €23 per share and a bullish sentiment score (+10) indicate that investors are viewing the insider’s stance as a tacit endorsement of Pharvaris’s growth prospects.
Implications for Investors
The continued vesting schedule—spanning 2024‑2027—highlights a long‑term commitment from the commercial arm of the organization. For shareholders, this can be interpreted in two ways: first, the insider’s confidence may reduce perceived agency risk, as the key decision‑maker has skin in the game. Second, the gradual dilution associated with vesting may be offset by the company’s expected revenue from its oral B2 receptor antagonist platform, especially if clinical milestones are achieved. The 15‑transaction snapshot across other insiders—including executives like Modig Berndt and Lu Peng—shows a fairly active trading environment, but none of the recent trades were large enough to sway the stock significantly. Thus, the market may view the current insider activity as a stabilizing factor rather than a catalyst for volatility.
Strategic Significance for Pharvaris’s Future
Pharvaris is positioned at a critical juncture, with its clinical pipeline poised to deliver first‑in‑class therapies. The insider’s continued holding suggests that the commercial team believes the company can navigate regulatory hurdles and capture a meaningful share of the B2 antagonist market. Moreover, the company’s financials—particularly its 52‑week high of €25.2 and a 15‑week upside of 22.4%—provide a solid backdrop for future valuation upgrades. Investors should monitor upcoming Phase II results and partnership announcements, as these events will likely determine whether the insider’s long‑term commitment translates into tangible shareholder value.
Key Takeaway
While the form 3 filing does not announce any new transactions, the strategic retention of shares and the robust vesting schedule reinforce the confidence of Pharvaris’s senior management. For investors, this signals a low‑risk, long‑term play that hinges on the company’s ability to convert its clinical promise into market traction. Keeping an eye on clinical milestones and market sentiment will be crucial in assessing whether this insider confidence ultimately pays off.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| N/A | Souverijns Wim (Chief Commercial Officer) | Holding | 55,111.00 | N/A | Common Stock |
| 2036-03-03 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-04-12 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-07-01 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Lu Peng (Chief Medical Officer) | Holding | 66,309.00 | N/A | Common Stock |
| 2036-03-03 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-03-12 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2030-02-03 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Modig Berndt (Chief Executive Officer) | Holding | 165,417.00 | N/A | Common Stock |
| N/A | Modig Berndt (Chief Executive Officer) | Holding | 950,000.00 | N/A | Common Stock |
| 2036-03-03 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-03-12 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Schikan Johannes Gerardus Christiaan Petrus () | Holding | 395,167.00 | N/A | Common Stock |
| 2027-03-03 | Schikan Johannes Gerardus Christiaan Petrus () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2026-03-12 | Schikan Johannes Gerardus Christiaan Petrus () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2025-04-11 | Schikan Johannes Gerardus Christiaan Petrus () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Schikan Johannes Gerardus Christiaan Petrus () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Schikan Johannes Gerardus Christiaan Petrus () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Schikan Johannes Gerardus Christiaan Petrus () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Glassman Robert () | Holding | 15,167.00 | N/A | Common Stock |
| 2027-03-03 | Glassman Robert () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2026-03-12 | Glassman Robert () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2025-04-11 | Glassman Robert () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Glassman Robert () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Glassman Robert () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Glassman Robert () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-01-01 | Glassman Robert () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Bjork Elisabeth () | Holding | 15,167.00 | N/A | Common Stock |
| 2027-03-03 | Bjork Elisabeth () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2026-03-12 | Bjork Elisabeth () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2026-04-11 | Bjork Elisabeth () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Bjork Elisabeth () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Bjork Elisabeth () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-01-01 | Bjork Elisabeth () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Lesage Anne (Chief Early Development) | Holding | 56,450.00 | N/A | Common Stock |
| N/A | Lesage Anne (Chief Early Development) | Holding | 163,969.00 | N/A | Common Stock |
| 2036-03-03 | Lesage Anne (Chief Early Development) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-04-12 | Lesage Anne (Chief Early Development) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Lesage Anne (Chief Early Development) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Lesage Anne (Chief Early Development) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Lesage Anne (Chief Early Development) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Lesage Anne (Chief Early Development) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2030-01-01 | Lesage Anne (Chief Early Development) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Abele Stefan Andreas (Chief Technical Ops Officer) | Holding | 43,942.00 | N/A | Common Stock |
| 2036-03-03 | Abele Stefan Andreas (Chief Technical Ops Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-04-12 | Abele Stefan Andreas (Chief Technical Ops Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Abele Stefan Andreas (Chief Technical Ops Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-11-15 | Abele Stefan Andreas (Chief Technical Ops Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Nassif David W. (CFO / CLO) | Holding | 123,925.00 | N/A | Common Stock |
| 2036-03-03 | Nassif David W. (CFO / CLO) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-04-12 | Nassif David W. (CFO / CLO) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-08-01 | Nassif David W. (CFO / CLO) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-15 | Nassif David W. (CFO / CLO) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Deschoolmeester Annick (Chief Human Resources Officer) | Holding | 92,553.00 | N/A | Common Stock |
| 2036-03-03 | Deschoolmeester Annick (Chief Human Resources Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-04-12 | Deschoolmeester Annick (Chief Human Resources Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Deschoolmeester Annick (Chief Human Resources Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Deschoolmeester Annick (Chief Human Resources Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Souverijns Wim (Chief Commercial Officer) | Holding | 55,111.00 | N/A | Common Stock |
| 2036-03-03 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-04-12 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-07-01 | Souverijns Wim (Chief Commercial Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Modig Berndt (Chief Executive Officer) | Holding | 165,417.00 | N/A | Common Stock |
| N/A | Modig Berndt (Chief Executive Officer) | Holding | 950,000.00 | N/A | Common Stock |
| 2036-03-03 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-03-12 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Modig Berndt (Chief Executive Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Lu Peng (Chief Medical Officer) | Holding | 66,309.00 | N/A | Common Stock |
| 2036-03-03 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2035-03-12 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2034-04-11 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-02-05 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2030-02-03 | Lu Peng (Chief Medical Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Nijdam Anna (Principal Accounting Officer) | Holding | 51,819.00 | N/A | Common Stock |
| 2031-02-05 | Nijdam Anna (Principal Accounting Officer) | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Monges Viviane () | Holding | 14,654.00 | N/A | Common Stock |
| 2027-03-03 | Monges Viviane () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2026-03-12 | Monges Viviane () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2025-04-11 | Monges Viviane () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Monges Viviane () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Monges Viviane () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-07-01 | Monges Viviane () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| N/A | Meeker David P () | Holding | 65,167.00 | N/A | Common Stock |
| 2027-03-03 | Meeker David P () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2026-03-12 | Meeker David P () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2025-04-11 | Meeker David P () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2033-04-06 | Meeker David P () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2032-04-01 | Meeker David P () | Holding | N/A | N/A | Stock Option (Right to Buy) |
| 2031-01-01 | Meeker David P () | Holding | N/A | N/A | Stock Option (Right to Buy) |




