Acrivon Insider Filing: 613 Shares Withheld for Taxes, 65,921 Shares Held
Rhea-AI Filing Summary
Acrivon Therapeutics insider transaction summary: Eric Devroe, Chief Operating Officer of Acrivon Therapeutics, reported a single Form 4 transaction. On 08/14/2025 the reporting person had 613 shares withheld at a price of $1.39 per share as a result of tax withholding tied to the vesting of restricted stock units. After this withholding disposition, the reporting person beneficially owns 65,921 shares of Acrivon common stock, held directly. The Form 4 was signed by an attorney-in-fact on 08/18/2025. The filing notes the withholding was to satisfy mandatory tax obligations and includes a Power of Attorney exhibit.
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Insights
TL;DR: Routine tax-withholding disposition from RSU vesting; not a directional trade signal.
The Form 4 shows 613 shares were withheld at $1.39 to cover taxes on vested restricted stock units, leaving 65,921 shares beneficially owned directly by the COO. This type of entry is typically administrative and does not indicate a purchase or voluntary sale by the insider. There is no change in indirect holdings or new derivative activity disclosed. For investors, the filing clarifies executive holdings but provides no material information about company operations or outlook.
TL;DR: Disclosure complies with Section 16 reporting; transaction appears procedural.
The submission identifies the reporting person as the Chief Operating Officer and provides required detail: transaction date (08/14/2025), code (F) indicating tax withholding, price ($1.39), and resulting direct ownership (65,921 shares). The presence of Exhibit 24 (Power of Attorney) and a signature by an attorney-in-fact on 08/18/2025 align with standard practice. This filing raises no governance concerns and reflects routine compliance activity rather than a governance event.