Privia Health (PRVA) CFO sells 6,391 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Privia Health Group EVP & Chief Financial Officer David Mountcastle reported an open-market sale of 6,391 shares of common stock at $22.11 per share. According to the footnote, this was a nondiscretionary sale-to-cover transaction required to satisfy tax withholding obligations tied to vesting performance stock units.
After the sale, he held 220,413 shares directly and 8,695 shares indirectly through his spouse, indicating that the sale represents a small portion of his overall ownership and is linked to equity compensation tax requirements rather than a discretionary portfolio move.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,391 shares ($141,305)
Net Sell
2 txns
Insider
Mountcastle David
Role
EVP & Chief Financial Officer
Sold
6,391 shs ($141K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 6,391 | $22.11 | $141K |
| holding | Common Stock, $0.01 par value per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 220,413 shares (Direct);
Common Stock, $0.01 par value per share — 8,695 shares (Indirect, By spouse)
Footnotes (1)
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FAQ
What insider transaction did PRVA CFO David Mountcastle report?
David Mountcastle reported selling 6,391 Privia Health (PRVA) shares in an open-market transaction. The sale was tied to vesting performance stock units and executed as a required sale-to-cover for associated tax withholding obligations, rather than a discretionary stock sale.
Was the PRVA CFO’s sale part of an options exercise or derivative trade?
The reported transaction involves common stock, not an option or other derivative, and derivative positions are not listed in this filing. The sale is linked to performance stock unit vesting and used to cover tax withholding obligations from that equity award settlement.