SEC Form 4 · accession 0001862148-26-000011
Nuvalent, Inc. · NUVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darlene Noci
Officer — Chief Development Officer
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 4:31 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001861560
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jul 1, 2026 | M | 9,146 | $18.93 | A | 67,263 | D | |
| Class A Common Stock | Jul 1, 2026 | M | 13,854 | $72.35 | A | 81,117 | D | |
| Class A Common StockF2 | Jul 1, 2026 | S | 23,000 | $123.59 | D | 58,117 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $18.93 | Jul 1, 2026 | M | 9,146 | D | — | Jan 4, 2032 | Class A Common Stock | 9,146 | 15,112 | D |
| Stock Option (Right to Buy)F4 | $72.35 | Jul 1, 2026 | M | 13,854 | D | — | Jan 5, 2034 | Class A Common Stock | 13,854 | 33,646 | D |
Explanation of responses
- F1These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.51 to $123.62, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, Nuvalent, Inc. or any security holder of Nuvalent, Inc., upon request, full information regarding the number of shares sold at each separate price.
- F3The shares underlying this option are fully vested.
- F4The shares underlying this option have vested or shall vest over the four years following January 5, 2024 in equal monthly installments, subject to continued service to Nuvalent, Inc. through the applicable vesting date.