NOVAVAX INC

NVAX

Form 4 • Statement of Changes in Beneficial Ownership

SEC Accession Number: 0001104659-26-023709
Filing date: Mar 5, 2026
Earliest execution date: Mar 3, 2026

Summary

Type

Sell

Net shares

-11,313

% of shares

-32.44%

Amount (USD)

$107,360

Insider confidence score

42.5 out of 100

Positive

  • Tax withholding obligation

Negative

  • Large tax withholding sell (≥1% of shares)
  • Significant sell amount ($50K+)

Stock transactions

Transaction 1

Security

Common Stock

Action

Exercise

Date

2026-03-03

Code

M

Net shares

+26,667.0

Acquired/Disposed

Acquired

Shares Owned Before

8,209.0

Shares Owned After

34,876.0

Transaction 2

Security

Common Stock

Action

Tax_withhold

Date

2026-03-03

Code

F

Net shares

-11,313.0

Price per Share

$9.49

Amount (USD)

$107,360.37

Acquired/Disposed

Disposed

Shares Owned Before

34,876.0

Shares Owned After

23,563.0

Derivative Transactions

Transaction 1

Security

Restricted Stock Units

Action

Grant

Date

2026-03-02

Code

A

Net shares

+93,000.0

Acquired/Disposed

Acquired

Shares Owned Before

8,000.0

Shares Owned After

101,000.0

Transaction 2

Security

Non-Statutory Stock Opotion NQ

Action

Grant

Date

2026-03-02

Code

A

Net shares

+139,500.0

Price per Share

$9.09

Amount (USD)

$1,268,055.00

Acquired/Disposed

Acquired

Shares Owned Before

0.0

Shares Owned After

139,500.0

Transaction 3

Security

Restricted Stock Units

Action

Sell

Date

2026-03-03

Code

D

Net shares

-26,667.0

Acquired/Disposed

Disposed

Shares Owned Before

80,000.0

Shares Owned After

53,333.0

Filing's footnotes

1. Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the RSU vesting.

2. One-third (1/3) of the RSUs subject to this grant under Novavax, Inc. Amended and Restated 2015 Stock Incentive Plan, as amended, (the "Plan") vest on each of the first three (3) anniversaries of March 2, 2026, in each case subject to continued employment through such vesting date.

3. One quarter of the shares subject to this option granted under the Plan vest on the first anniversary of March 2, 2026, and the remaining three-quarters (3/4) of the shares vest in equal monthly installments over the following three (3) years, in each case subject to continued employment with the Company through such vesting date.

4. One-third (1/3) of the RSUs subject to this grant under the Plan vest on each of the first three (3) anniversaries of March 3, 2025, in each case subject to continued employment through such vesting date.

This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.