Privia Health (PRVA) CFO Mountcastle receives new stock awards, boosts holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mountcastle David reported acquisition or exercise transactions in this Form 4 filing.
Privia Health Group EVP & CFO David Mountcastle reported equity awards of common stock. He received 42,584 shares and 35,335 shares of common stock at a price of $0.00 per share as compensation grants, increasing his direct holdings to 239,822 shares.
Footnotes explain these shares relate to restricted stock units under the 2021 Omnibus Incentive Plan that vest in three equal annual installments and to performance stock units granted on May 9, 2023 for the 2023–2025 performance period that have now vested and been distributed. An additional 8,695 shares are held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Mountcastle David
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 42,584 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 35,335 | $0.00 | -- |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 239,822 shares (Direct);
Common Stock, $0.01 par value per share — 8,695 shares (Indirect, By spouse)
Footnotes (1)
- Reflects restricted stock units under the 2021 Omnibus Incentive Plan that will vest in substantially equal annual installments on the first, second and third anniversaries of the grant date, generally subject to continued service throughout such dates. Vesting and distribution to reporting person of 42,584 shares underlying performance stock units that were granted on May 9, 2023 for the performance period 2023-2025 .
FAQ
What insider transactions did Privia Health (PRVA) disclose for David Mountcastle?
Privia Health reported equity awards to CFO David Mountcastle. He acquired 42,584 shares and 35,335 shares of common stock at $0.00 per share as stock-based compensation, reflecting restricted and performance stock units under the company’s 2021 Omnibus Incentive Plan.
What type of equity awards did Privia Health (PRVA) grant to its CFO?
The awards consist of restricted stock units and performance stock units. Some units vest in substantially equal annual installments on the first, second, and third anniversaries of the grant date, while others relate to a performance period from 2023 to 2025 that has now vested.
Does the Privia Health (PRVA) Form 4 show any insider sales by the CFO?
The filing does not report any sales by the CFO. It shows two acquisition transactions coded as grants or awards of common stock and an additional indirect holding entry for shares owned by his spouse, with no disposal transactions reported.
How do the performance stock units in Privia Health (PRVA) vest for the CFO?
One footnote describes vesting of 42,584 performance stock unit shares. These were granted on May 9, 2023 for a performance period spanning 2023–2025 and have now vested and been distributed as common shares to the reporting person.