Acrivon CEO reports RSU tax share withholding
Acrivon Therapeutics reported an insider tax-related share disposition involving its President and CEO, Dr. Peter Blume-Jensen.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Acrivon Therapeutics reported an insider tax-related share disposition involving its President and CEO, Dr. Peter Blume-Jensen. The company withheld 14,265 shares of common stock at $1.53 per share to cover mandatory taxes due on vested restricted stock units, rather than an open-market sale. After this withholding, Dr. Blume-Jensen directly holds 2,080,204 common shares. The filing also notes 314,127 common shares held indirectly in spousal accounts shared between Dr. Blume-Jensen and co-founder and EVP Dr. Kristina Masson, with each spouse disclaiming beneficial ownership beyond their economic interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 14,265 | $1.53 | $22K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Shares withheld by the Issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units.
- F2. 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.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Acrivon Therapeutics (ACRV) report in this Form 4?
Was the Acrivon Therapeutics (ACRV) Form 4 transaction an open-market sale?
Who are the insiders involved in this Acrivon Therapeutics (ACRV) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.