Acrivon (ACRV) CDO has 404 shares withheld to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics Chief Development Officer Erick Gamelin reported a routine tax-related share disposition. On the vesting of restricted stock units, 404 shares of common stock were withheld by the company at $1.92 per share to satisfy mandatory tax withholding obligations. After this withholding, Gamelin directly holds 14,408 shares of Acrivon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gamelin Erick
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 404 | $1.92 | $775.68 |
Holdings After Transaction:
Common Stock — 14,408 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 404 shares
Withholding price per share: $1.92 per share
Shares held after transaction: 14,408 shares
3 metrics
Shares withheld for taxes
404 shares
Mandatory tax withholding on RSU vesting
Withholding price per share
$1.92 per share
Value used for tax-withholding disposition
Shares held after transaction
14,408 shares
Direct holdings after tax-withholding event
Key Terms
restricted stock units, mandatory tax withholding requirement, tax-withholding disposition, Common Stock
4 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
"to satisfy the mandatory tax withholding requirement"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Acrivon Therapeutics (ACRV) report for Erick Gamelin?
Acrivon Therapeutics reported that Chief Development Officer Erick Gamelin had 404 shares of common stock withheld. The shares were used to satisfy mandatory tax withholding when his restricted stock units vested, rather than representing an open-market sale.
What does transaction code "F" mean in the Acrivon (ACRV) Form 4 filing?
Transaction code "F" indicates payment of an exercise price or tax liability by delivering securities. In this Acrivon filing, it reflects shares withheld by the issuer to satisfy mandatory tax withholding when Erick Gamelin’s restricted stock units vested.