PCVX CFO Guggenhime sells 10,000 shares ($530.0K) under scheduled 10b5-1 plan; retains 104.4K shares plus 236,827 stock options
Andrew Guggenhime, PRESIDENT AND CFO, sold 10,000 shares of Vaxcyte (PCVX) at $53.00 on 2026-06-18 as part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-04—a scheduled, non-discretionary transaction. This sale reduces his non-derivative holdings from 114.4K shares to 104.4K shares (-8.7%), but he retains substantial equity exposure through 236,827 stock options. His prior sales at PCVX show consistent weakness in subsequent performance: five prior sells between January–February 2025 recorded 30-day declines ranging from -4.2% to -12.0% and 90-day declines from -61.7% to -65.4%. The current stock price of $51.44 is -20.9% from its 52-week high of $65.00, and the company remains unprofitable with net income of -$320.6M. The scheduled nature of this trade removes discretionary timing as a signal, but the historical pattern of negative returns following his prior PCVX sales underscores elevated volatility and fundamental weakness in the stock's recent trajectory.