NUVL CEO James Richard Porter sells 30,000 shares for $2,656,004.34 via scheduled 10b5-1 plan
James Richard Porter executed 3 separate sales totaling 30,000 shares for $2,656,004.34 on 2026-06-08 under a pre-arranged 10b5-1 trading plan adopted on 2025-12-04, reducing his non-derivative holdings by -8.5% to 324,879 shares. The insider retains 148,686 stock option shares, so this represents a partial reduction of his non-derivative position rather than an exit. At Nuvalent's $123.35 current price, the stock is -0.2% from its 52-week high of $123.62 and has gained +18.0% in the prior 30 days and +25.9% in the prior 90 days. The company reported full-year net income of $-109,279,000.00, indicating unprofitability over its most recent fiscal year. Porter's prior sales at NUVL showed 30-day returns of -8.5%, -12.3%, -11.1%, -9.6%, and -11.7%, followed by 90-day returns of +25.1%, +19.8%, +21.4%, +23.5%, and +20.7%, suggesting the stock has historically recovered after his sales.