Acrivon Therapeutics (ACRV) director granted 9,366 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BAUM CHARLES M reported acquisition or exercise transactions in this Form 4 filing.
Acrivon Therapeutics director Charles M. Baum received an equity grant in the form of restricted stock units. The Form 4 reports an award of 9,366 shares of Common Stock at no purchase price, increasing his directly held stake to 9,366 shares.
The footnotes explain these are RSUs, each representing a contingent right to receive one share of Common Stock. The RSUs vest in full on May 18, 2027, provided Baum remains in continuous service with the company through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BAUM CHARLES M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,366 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,366 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 9,366 shares
Price per share: $0.0000 per share
Holdings after grant: 9,366 shares
+1 more
4 metrics
RSUs granted
9,366 shares
Restricted stock unit award to director on May 18, 2026
Price per share
$0.0000 per share
Equity compensation grant, non-cash award
Holdings after grant
9,366 shares
Total Common Stock directly held following the RSU award
Vesting date
May 18, 2027
RSUs vest in full if continuous service condition is met
Key Terms
restricted stock units ("RSUs"), contingent right, continuous service, vest in full
4 terms
restricted stock units ("RSUs") financial
"These shares represent restricted stock units ("RSUs"). Each RSU represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's Common Stock."
continuous service financial
"These RSUs shall vest in full on May 18, 2027, subject to the Reporting Person's continuous service..."
vest in full financial
"These RSUs shall vest in full on May 18, 2027, subject to the Reporting Person's continuous service..."
FAQ
What insider transaction did Acrivon Therapeutics (ACRV) report for Charles M. Baum?
Acrivon Therapeutics reported that director Charles M. Baum received a grant of 9,366 restricted stock units. Each RSU represents a contingent right to one share of Common Stock, awarded as equity compensation rather than an open-market purchase.
What are the terms of Charles M. Baum’s RSU award from Acrivon Therapeutics (ACRV)?
The award consists of restricted stock units, each equal to one share of Common Stock. All RSUs vest in full on May 18, 2027, if Baum maintains continuous service with Acrivon Therapeutics through that vesting date, according to the footnote disclosure.
When do Charles M. Baum’s Acrivon Therapeutics (ACRV) RSUs vest?
The RSUs vest in full on May 18, 2027. Vesting is contingent on Charles M. Baum’s continuous service with Acrivon Therapeutics through that date, meaning the award becomes deliverable as shares only if that condition is satisfied.