IMVT: Venker Eric discloses securities transactions
By AlphaYouPublished Form 4
Venker Eric
Reporting filer
Venker Eric reported Exercise or conversion in Immunovant, Inc.: 92187 units of Common Stock, dated 2026-10-01. The full Form 4 contains 4 transaction entries.
- Disclosed
- Oct 5, 2026
Reported details
4 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Venker Eric | 2026-10-01 | M | Exercise or conversion | 92187 | 14.46 | 346,467 | 4 days | Filed terms
|
| Common Stock | Venker Eric | 2026-10-01 | D | Disposition to issuer | 85886 | 33.65 | 260,581 | 4 days | Filed terms
|
| Common Stock | Venker Eric | 2026-10-02 | S | Sale | 3506 | 34.11 | 257,075 | 3 days | Filed terms
|
| Capped Value Appreciation Rights (derivative) | Venker Eric | 2026-10-01 | M | Exercise or conversion | 92187 | 0 | 921,875 | 4 days | Filed terms
|
Common Stock
- Owner
- Venker Eric
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 92187
- Price
- 14.46
- Following holdings
- 346,467
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- id: F1
- id: F2
- transaction Shares: 92187
- id: F1
- id: F2
- transaction Price Per Share: 14.46
- id: F1
- id: F2
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 346467
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Venker Eric
- Date
- 2026-10-01
- Code
- D
- Action
- Disposition to issuer
- Quantity
- 85886
- Price
- 33.65
- Following holdings
- 260,581
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: D
- equity Swap Involved: 0
- id: F1
- id: F2
- transaction Shares: 85886
- id: F1
- id: F2
- transaction Price Per Share: 33.65
- id: F1
- id: F2
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 260581
- direct Or Indirect Ownership: D
Common Stock
- Owner
- Venker Eric
- Date
- 2026-10-02
- Code
- S
- Action
- Sale
- Quantity
- 3506
- Price
- 34.11
- Following holdings
- 257,075
- Reporting delay
- 3 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-10-02
- transaction Form Type: 4
- transaction Code: S
- equity Swap Involved: 0
- id: F3
- transaction Shares: 3506
- transaction Price Per Share: 34.11
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 257075
- direct Or Indirect Ownership: D
Capped Value Appreciation Rights (derivative)
- Owner
- Venker Eric
- Date
- 2026-10-01
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 92187
- Price
- 0
- Following holdings
- 921,875
- Reporting delay
- 4 days
- Filed terms and references
Filed terms
- security Title: Capped Value Appreciation Rights
- conversion Or Exercise Price: 14.46
- id: F1
- id: F2
- transaction Date: 2026-10-01
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- id: F1
- id: F2
- transaction Shares: 92187
- id: F1
- id: F2
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F2
- id: F4
- expiration Date: 2030-04-01
- underlying Security Title: Common Stock
- underlying Security Shares: 92187
- id: F1
- id: F2
- shares Owned Following Transaction: 921875
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Venker Eric: Chief Executive Officer, Director.
- F1: On July 28, 2025, the Reporting Person was granted capped value appreciation rights ("CVARs"), as previously reported in a Form 4 filed on July 30, 2025, that entitle the Reporting Person to receive a payment equal to the product of (i) the number of vested CVARs multiplied by (ii) the excess (if any) of (A) the fair market value of the Issuer's common stock (capped at $16.76 per share) as of the relevant date of determination over (B) the applicable hurdle price of $14.46 (the "CVAR Amount"). The CVARs will then settle into a number of shares of common stock of the Issuer determined by dividing (i) the CVAR Amount by (ii) the fair market value of the Issuer's common stock as of such date.
- F2: On October 1, 2026, the Service Requirement (as defined in Footnote 4), Performance Requirement (as defined in Footnote 4), Knock-In Requirement (as defined in Footnote 4), and hurdle price applicable to 92,187 vested CVARs were satisfied and, accordingly, the CVARs were settled into shares of the Issuer's common stock, determined by dividing (i) the CVAR Amount by (ii) the closing price of a share of the Issuer's common stock on October 1, 2026.
- F3: The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of these CVARs. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F4: These CVARs vest on the first date that each of (i) the Service Requirement, (ii) the Performance Requirement, and (iii) the Knock-in Requirement have been satisfied. The "Service Requirement" is satisfied as follows: (i) 25% of the CVARs vested on April 1, 2026; and (ii) the remaining 75% vests in twelve (12) equal quarterly installments thereafter, subject to the Reporting Person's continuous service to the Issuer or an affiliate on each such vesting date. The "Performance Requirement" is tied to the achievement of a specified clinical development activity at the Issuer, which requirement was met as of March 31, 2026. The "Knock-in Requirement" requires that the price of the Issuer's common stock at each applicable vesting date must be equal to or greater than $16.76 per share.
Original sources
Prepared automatically from public filing data. Report a correction.