Acrivon CFO receives 46,167-share RSU grant
Levy Adam D. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Levy Adam D. reported acquisition or exercise transactions in this Form 4 filing.
Acrivon Therapeutics, Inc. reported that its Chief Financial Officer, Adam D. Levy, received an equity compensation grant in the form of restricted stock units. He was awarded 46,167 RSUs of common stock at no cash cost, increasing his directly held shares to 67,150 after the grant.
Each RSU represents a contingent right to receive one share of common stock. According to the vesting schedule, 16.67% of the RSUs will vest on November 18, 2026, with the remaining units vesting in 10 substantially equal quarterly installments, subject to his continuous service with the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 46,167 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares represent restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. Of these RSUs, 16.67% of the RSUs shall vest on November 18, 2026, and the remaining RSUs shall vest in 10 substantially equal quarterly installments thereafter, in each case subject to the Reporting Person's continuous service through each such vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
contingent right financial
continuous service financial
substantially equal quarterly installments financial
FAQ
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What insider transaction did Acrivon Therapeutics (ACRV) report for its CFO?
What are the vesting terms of the CFO’s Acrivon Therapeutics (ACRV) RSU grant?
Does the Acrivon Therapeutics (ACRV) CFO RSU grant involve an open-market stock purchase?
What does each RSU in the Acrivon Therapeutics (ACRV) grant represent?
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