Acrivon Therapeutics (ACRV) COO’s tax sale leaves 146,349 shares
Rhea-AI Filing Summary
Acrivon Therapeutics, Inc. (ACRV) reported that Chief Operating Officer Eric Devroe had 604 shares of common stock sold on 2026-08-18 at $2.01 per share. According to the company, the shares were sold automatically to satisfy mandatory tax withholding upon vesting of restricted stock units, and Devroe now holds 146,349 shares directly.
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Insider Trade Summary
Net Seller: 604 shares
Net Sell
1 txn
Insider
Devroe Eric
Role
Chief Operating Officer
Sold
604 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 604 | $2.01 | $1K |
Holdings After Transaction:
Common Stock — 146,349 shares (Direct)
Footnotes (1)
- F1. Shares sold automatically to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units.
Key Figures
Shares sold: 604 shares
Sale price per share: $2.01 per share
Shares owned after transaction: 146,349 shares
3 metrics
Shares sold
604 shares
Common Stock transaction on 2026-08-18
Sale price per share
$2.01 per share
Common Stock sale on 2026-08-18
Shares owned after transaction
146,349 shares
Directly owned by Eric Devroe following the sale
Key Terms
restricted stock units, mandatory tax withholding requirement, Form 4
3 terms
restricted stock units financial
"upon vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
mandatory tax withholding requirement financial
"satisfy the mandatory tax withholding requirement upon vesting"
Form 4 regulatory
"reported in a Form 4 insider transaction filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ACRV report for Eric Devroe?
Acrivon Therapeutics reported that COO Eric Devroe had 604 shares of common stock sold on 2026-08-18 at $2.01 per share, automatically to satisfy mandatory tax withholding upon vesting of restricted stock units.
Was the ACRV insider transaction under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative. The footnote explains the shares were sold automatically to satisfy mandatory tax withholding upon vesting of restricted stock units, rather than referencing a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.