Acrivon (NASDAQ: ACRV) CAO has 116 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics, Inc. Chief Accounting Officer Katharine Peterson reported a small tax-related share disposition. On the vesting of restricted stock units, 116 shares of common stock were withheld by the company to satisfy mandatory tax withholding, valued at $1.63 per share. After this withholding, Peterson directly holds 4,006 shares of Acrivon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Peterson Katharine
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 116 | $1.63 | $189.08 |
Holdings After Transaction:
Common Stock — 4,006 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Acrivon Therapeutics (ACRV) report for Katharine Peterson?
Acrivon Therapeutics reported that Chief Accounting Officer Katharine Peterson had 116 common shares withheld to cover taxes on restricted stock unit vesting. This was a tax-withholding disposition, not an open-market stock sale, and reflects routine equity compensation mechanics.
Was the Acrivon Therapeutics (ACRV) Form 4 transaction an open-market sale by the CAO?
No, the transaction was not an open-market sale. According to the Form 4 footnote, 116 shares were withheld by Acrivon to satisfy mandatory tax withholding when restricted stock units vested, a common non-market equity compensation adjustment.
What does transaction code F mean in the Acrivon (ACRV) Form 4 for Katharine Peterson?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to cover tax or exercise costs. In this case, 116 Acrivon shares were withheld by the issuer to satisfy mandatory tax withholding on the vesting of restricted stock units.