Acrivon Therapeutics (ACRV) CDO receives 38,584-share RSU grant with staged vesting
Rhea-AI Filing Summary
Gamelin Erick reported acquisition or exercise transactions in this Form 4 filing.
Acrivon Therapeutics, Inc. reported that Chief Development Officer Erick Gamelin received an equity compensation grant in the form of restricted stock units. The award covers 38,584 shares of Common Stock at a stated price of $0.00 per share, reflecting a grant rather than a market purchase.
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. Following this grant, Gamelin directly holds 52,992 shares of Common Stock.
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Insights
Routine RSU grant to Acrivon executive with multi-year vesting.
The filing shows Chief Development Officer Erick Gamelin receiving 38,584 restricted stock units as compensation, at a price of $0.00 per share. This is a non-market, stock-based award, classified as an acquisition under transaction code A.
The footnote explains that 16.67% of the RSUs will vest on November 18, 2026, with the balance vesting in 10 substantially equal quarterly installments, conditioned on continuous service. This structure is typical for long-term incentives intended to align executive interests with shareholders over time.
After the grant, Gamelin directly holds 52,992 shares of Common Stock. There are no derivative holdings reported and no sales or dispositions in this filing, indicating a straightforward compensation-related equity increase rather than trading activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,584 | $0.00 | -- |
Footnotes (1)
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