Acrivon (ACRV) CEO and EVP report RSU-related tax withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics reported a routine insider equity adjustment involving its President and CEO, Dr. Peter Blume-Jensen, and EVP of Business Operations, Dr. Kristina Masson. The company withheld 13,729 shares of common stock at $1.79 per share to cover mandatory taxes upon the vesting of restricted stock units, a non‑market transaction classified as a tax-withholding disposition. Following this, Dr. Blume-Jensen directly holds 2,245,317 shares of common stock, and the filing also lists 386,343 shares of common stock as indirectly held between the spouses, with each disclaiming beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Blume-Jensen Peter, Masson Kristina
Role
President and CEO | EVP - Business Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,729 | $1.79 | $25K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,245,317 shares (Direct, null);
Common Stock — 386,343 shares (Indirect, See Footnote)
Footnotes (1)
- Shares withheld by the Issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. These securities are held by President and CEO, Dr. Peter Blume-Jensen, who is also Dr. Kristina Masson's spouse. Dr. Masson disclaims beneficial ownership of such securities except to the extent of her pecuniary interest therein. These securities are held by co-founder and EVP, Dr. Kristina Masson, who is also Dr. Blume-Jensen's spouse. Dr. Blume-Jensen disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Key Figures
Tax-withheld shares: 13,729 shares
Tax-withholding price: $1.79 per share
Direct CEO holdings after transaction: 2,245,317 shares
+1 more
4 metrics
Tax-withheld shares
13,729 shares
Shares withheld to satisfy mandatory tax withholding on RSU vesting
Tax-withholding price
$1.79 per share
Price used for the 13,729 tax-withheld common shares
Direct CEO holdings after transaction
2,245,317 shares
Common stock directly held by Dr. Peter Blume-Jensen following disposition
Indirectly held common stock
386,343 shares
Indirect holdings between Dr. Blume-Jensen and Dr. Masson with pecuniary-interest disclaimers
Key Terms
restricted stock units, mandatory tax withholding requirement, beneficial ownership, pecuniary interest
4 terms
restricted stock units financial
"Shares withheld by the Issuer to satisfy the mandatory tax withholding requirement 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
"Shares withheld by the Issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units."
beneficial ownership financial
"Dr. Masson disclaims beneficial ownership of such securities except to the extent of her pecuniary interest therein."
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.
pecuniary interest financial
"Dr. Blume-Jensen disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein."
FAQ
What insider transaction did Acrivon Therapeutics (ACRV) report in this Form 4?
Acrivon reported a tax-related insider transaction where 13,729 shares of common stock were withheld to cover mandatory tax obligations upon RSU vesting. This is a non-market tax-withholding disposition, not an open-market purchase or sale of shares by the insiders.
Is the Acrivon (ACRV) Form 4 transaction an open-market sale by insiders?
No, the transaction is not an open-market sale. The 13,729 shares of common stock were withheld by Acrivon to meet mandatory tax obligations when restricted stock units vested, which is recorded as a tax-withholding disposition rather than a discretionary sale into the market by the insiders.
What is the role of restricted stock units (RSUs) in this Acrivon (ACRV) filing?
The filing explains that the share disposition arose from RSUs vesting for an insider. When these restricted stock units vested, Acrivon withheld 13,729 shares of common stock to satisfy mandatory tax withholding requirements, creating the reported tax-withholding disposition rather than a market trade.