Acrivon Therapeutics (ACRV) director awarded 20,275-share option for RA Capital funds
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics director Derek DiRocco was granted a stock option covering 20,275 shares of common stock at an exercise price of $1.52 per share, expiring on June 16, 2036. The option vests immediately before Acrivon’s next annual stockholder meeting, subject to his continuous service.
The option is held for the benefit of RA Capital Healthcare Fund, L.P. and RA Capital Nexus Fund II, L.P. Any net cash or stock from exercise must be turned over to RA Capital Management, L.P., and DiRocco disclaims beneficial ownership of the option and underlying shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DiRocco Derek
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 20,275 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 20,275 shares (Direct, null)
Footnotes (1)
- The shares subject to the option shall vest on the date immediately preceding the date of the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service through the applicable vesting date. Under the Reporting Person's arrangement with RA Capital Management, L.P. (the "Adviser"), the Reporting Person holds the stock option for the benefit of RA Capital Healthcare Fund, L.P. (the "Fund") and RA Capital Nexus Fund II, L.P. (the "Nexus Fund II"). The Reporting Person is obligated to turn over to the Adviser any net cash or stock received upon exercise of the stock option, which will offset advisory fees owed by the Fund and the Nexus Fund II to the Adviser. The Reporting Person therefore disclaims beneficial ownership of the stock option and underlying Common Stock.
Key Figures
Option size: 20,275 shares
Exercise price: $1.52 per share
Expiration date: June 16, 2036
+2 more
5 metrics
Option size
20,275 shares
Stock option covering Acrivon common stock
Exercise price
$1.52 per share
Conversion or exercise price of the option
Expiration date
June 16, 2036
Option expiration for the stock option grant
Shares after grant
20,275 derivative shares
Total derivative holdings following the transaction
Grant price
$0.00 per option
Compensation grant with no purchase price paid at grant
Key Terms
Stock Option (Right to Buy), beneficial ownership, continuous service, underlying Common Stock
4 terms
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
beneficial ownership financial
"The Reporting Person therefore disclaims beneficial ownership of the stock option and underlying Common Stock."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
continuous service financial
"subject to the Reporting Person's continuous service through the applicable vesting date."
underlying Common Stock financial
"stock option and underlying Common Stock."
FAQ
What did Acrivon Therapeutics (ACRV) report in this Form 4?
Acrivon Therapeutics reported a grant of a stock option for 20,275 shares of common stock at a $1.52 exercise price to director Derek DiRocco. The option is compensation-related and not an open-market share purchase or sale.
What is the exercise price and expiration date of the ACRV option grant?
The stock option has an exercise price of $1.52 per share and expires on June 16, 2036. These terms define the cost and time window for exercising the right to buy Acrivon Therapeutics common shares.
When does the new Acrivon Therapeutics (ACRV) stock option vest?
The option will vest on the date immediately preceding Acrivon Therapeutics’ next annual meeting of stockholders. Vesting is conditional on Derek DiRocco’s continuous service with the company through that vesting date, as disclosed in the footnote.
Who ultimately benefits from this Acrivon Therapeutics (ACRV) option grant?
Under an arrangement with RA Capital Management, L.P., the option is held for RA Capital Healthcare Fund, L.P. and RA Capital Nexus Fund II, L.P. Any net cash or stock from exercise offsets advisory fees, and DiRocco disclaims beneficial ownership.
Is this Acrivon Therapeutics (ACRV) Form 4 an open-market trade?
No. The Form 4 reports a grant of a stock option as compensation, not an open-market purchase or sale of existing Acrivon shares. The transaction is categorized as a derivative grant/award acquisition in the filing data.