Acrivon Therapeutics (ACRV) insider offloads 400 shares for taxes
Rhea-AI Filing Summary
Acrivon Therapeutics, Inc. (ACRV) reported that Chief Development Officer Erick Gamelin had 400 shares of common stock sold on August 18, 2026 at $2.01 per share. According to the disclosure, these shares were sold automatically to satisfy mandatory tax withholding upon vesting of restricted stock units, leaving him with 52,592 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 400 shares
Net Sell
1 txn
Insider
Gamelin Erick
Role
Chief Development Officer
Sold
400 shs ($804.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 400 | $2.01 | $804.00 |
Holdings After Transaction:
Common Stock — 52,592 shares (Direct)
Footnotes (1)
- F1. Shares sold automatically to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units.
Key Figures
Shares sold: 400 shares
Sale price per share: $2.01 per share
Shares held after transaction: 52,592 shares
3 metrics
Shares sold
400 shares
Non-derivative common stock transaction on August 18, 2026
Sale price per share
$2.01 per share
Price for the 400 shares sold on August 18, 2026
Shares held after transaction
52,592 shares
Direct holdings of Erick Gamelin following the reported sale
Key Terms
restricted stock units, mandatory tax withholding, non-derivative
3 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 financial
"to satisfy the mandatory tax withholding requirement"
non-derivative financial
"transaction coded as a sale of non-derivative securities"
FAQ
What insider transaction did ACRV report for Erick Gamelin on this Form 4?
The filing reports that Erick Gamelin had 400 shares of Acrivon Therapeutics, Inc. common stock sold on August 18, 2026 at $2.01 per share, in a transaction coded as a sale of non-derivative securities.
Was Erick Gamelin’s ACRV transaction under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is marked false, indicating the filing does not affirm that this transaction was made pursuant to a Rule 10b5-1 trading plan. The footnote instead explains the sale as mandatory tax withholding on RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.