Summary by Moomoo AI
Invivyd, Inc. announced that POLARIS PARTNERS IX, LP, a director of the company, plans to sell 1,000,000 shares of common stock on 12/20/2024. The aggregate market value of the shares to be sold is $443,900. The shares were originally acquired on 07/09/2020 through a private acquisition from the issuer.Over the past three months, POLARIS PARTNERS IX, LP has already sold 1,000,000 shares of Invivyd common stock, generating total gross proceeds of $540,557.03. The sales occurred between 12/09/2024 and 12/19/2024, with daily amounts ranging from 65,359 to 175,000 shares.The planned sale on 12/20/2024 appears to be a continuation of this selling pattern. Investors should note that this significant insider selling activity may impact the stock's market performance.
