Revolution Medicines CEO Disposes Shares for Tax Obligations Under 10b5-1 Plan
Revolution Medicines, Inc.
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Filing Summary
Revolution Medicines, Inc. ($RVMD) - Form 4 Filing Alert
Insider: Mark A. Goldsmith (President & CEO, Director) Transaction Date: September 16, 2026 Action: Sold 13,988 shares of Common Stock Average Price: ~$199.24 Total Transaction Value: $2,786,938.39 Shares Held Post-Transaction (Direct): 253,342 shares Note: Sales executed under a Rule 10b5-1 instruction letter established May 31, 2023 specifically to satisfy tax withholding obligations on RSU vesting.
Comprehensive Analysis
Insider Transaction Overview
On September 18, 2026, Revolution Medicines, Inc. ($RVMD) filed a Form 4 on behalf of Mark A. Goldsmith, M.D., Ph.D., the company's President, Chief Executive Officer, and Director.
Key Details:
- Transaction Date: September 16, 2026
- Security: Common Stock
- Transaction Type: Open Market Sale (Code S)
- Shares Sold: 13,988 shares in total
- 213 shares sold at a weighted average price of $195.0085 ($195.00 – $195.03)
- 13,775 shares sold at a weighted average price of $199.3032
- Total Gross Value: ~$2,786,938.39
- Remaining Holdings:
- Direct: 253,342 shares (includes 157,588 restricted stock units)
- Indirect (Trusts): 716,908 shares held across multiple revocable trusts
Context and Significance:
- Significance Level: Low
- Purpose: According to the footnotes, these dispositions were made pursuant to a pre-arranged Rule 10b5-1 instruction letter adopted on May 31, 2023, specifically to satisfy tax withholding obligations triggered by the vesting of restricted stock units (RSUs).
- Because this was a non-discretionary "sell-to-cover" transaction under a long-standing 10b5-1 plan, it does not represent an opportunistic or sentiment-driven divestment by executive leadership.
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