Director Matthew Shawn Morris sells 112.8K shares (62.3% reduction) for $3.1M via scheduled 10b5-1 plan
Matthew Shawn Morris, a director at Privia Health (PRVA), executed 2 separate sales totaling 112,759 shares for $3,076,868.49 under a pre-arranged 10b5-1 trading plan on July 2 and July 6, 2026, reducing his non-derivative holdings from 180,947 to 68,188 shares. The blended average price of $27.29 was achieved near the current price of $27.23 and within the 52-week range. Although this represents a 62.3% reduction in his non-derivative stake, Morris retains substantial derivative holdings totaling 6,602,966 shares in the form of stock options, preserving meaningful economic exposure to the company. The scheduled nature of the sales under a 10b5-1 plan precludes timing-based interpretation; these trades reflect a pre-committed execution, not a discretionary signal about near-term company prospects or market conditions.