Acrivon Therapeutics (ACRV) legal chief has 217 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics, Inc. Chief Legal Officer Mary Miller reported a routine share disposition related to taxes. On the transaction date, 217 shares of common stock were withheld by the company at a price of $1.63 per share to satisfy mandatory tax withholding upon vesting of restricted stock units. After this tax-withholding disposition, she held 33,679 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Mary
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 217 | $1.63 | $353.71 |
Holdings After Transaction:
Common Stock — 33,679 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Acrivon Therapeutics (ACRV) report for Mary Miller?
Acrivon Therapeutics reported that Chief Legal Officer Mary Miller had 217 common shares withheld at $1.63 per share to cover mandatory tax withholding on vesting restricted stock units, leaving her with 33,679 directly held shares.
Was the Acrivon Therapeutics (ACRV) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 217 Acrivon Therapeutics shares were withheld by the issuer to satisfy mandatory tax withholding when restricted stock units vested, a common administrative disposition rather than a discretionary sale.
What does transaction code “F” mean in the Acrivon Therapeutics (ACRV) Form 4?
Transaction code “F” indicates shares were used to pay an exercise price or tax liability. In this Acrivon Therapeutics filing, 217 shares were withheld by the issuer to satisfy mandatory tax withholding when restricted stock units vested.