Vaxcyte (PCVX) COO logs planned stock sales and RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vaxcyte, Inc. chief operating officer Jim Wassil reported recent stock transactions. On March 9, 2026, 975 shares of common stock were surrendered to the company to cover tax withholding obligations upon RSU vesting, which is an automatic, non-market disposition.
On March 10, 2026, he completed two open-market sales totaling 7,395 shares of common stock at weighted-average prices of $58.316 and $59.160. These sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025. After these transactions, he directly holds 166,818 shares of Vaxcyte common stock, indicating that he retains a substantial equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,395 shares ($435,440)
Net Sell
3 txns
Insider
Wassil Jim
Role
CHIEF OPERATING OFFICER
Sold
7,395 shs ($435K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,427 | $58.316 | $142K |
| Sale | Common Stock | 4,968 | $59.16 | $294K |
| Tax Withholding | Common Stock | 975 | $59.32 | $58K |
Holdings After Transaction:
Common Stock — 171,786 shares (Direct)
Footnotes (1)
- Represents shares surrendered to the Issuer to cover applicable tax withholding obligations realized upon the vesting of RSUs. No other shares of common stock subject to the restrictions on transfer set forth in a Lock-Up Agreement dated January 29, 2026 were sold by the Reporting Person. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 9, 2025. The price reported is a weighted-average price. The shares were sold at prices ranging from $57.725 to $58.715. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price. The price reported is a weighted-average price. The shares were sold at prices ranging from $58.74 to $59.575. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
FAQ
What insider transactions did Vaxcyte (PCVX) COO Jim Wassil report?
Vaxcyte COO Jim Wassil reported surrendering 975 shares for tax withholding on RSU vesting and selling 7,395 common shares in open-market transactions. The activity occurred on March 9–10, 2026, and was disclosed in a Form 4 filing.
Were the Vaxcyte (PCVX) insider stock sales part of a 10b5-1 plan?
Yes, the reported Vaxcyte stock sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 9, 2025. Such plans schedule trades in advance, making the timing more routine and less tied to short-term company developments.
Does the Vaxcyte (PCVX) Form 4 show any remaining stock options or derivatives?
The Form 4’s derivative section is empty, indicating no derivative securities, such as stock options or warrants, are reported as remaining positions in this particular filing. Only non-derivative common stock transactions are disclosed here.