Acrivon Therapeutics (ACRV) insiders detail RSU tax-related share withholding
Filing Impact
Filing Sentiment
Form Type
4
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.
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 | 14,265 | $1.53 | $22K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,080,204 shares (Direct);
Common Stock — 314,127 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.
FAQ
What insider transaction did Acrivon Therapeutics (ACRV) report in this Form 4?
Acrivon Therapeutics reported a tax-withholding disposition, where 14,265 common shares were withheld from President and CEO Dr. Peter Blume-Jensen upon RSU vesting to satisfy mandatory tax obligations, rather than being sold in the open market.
Was the Acrivon Therapeutics (ACRV) Form 4 transaction an open-market sale?
No. The Form 4 shows a Form F tax-withholding disposition, meaning 14,265 shares were withheld by Acrivon Therapeutics to pay required taxes on RSU vesting, not actively sold by the insider into the market.
Who are the insiders involved in this Acrivon Therapeutics (ACRV) Form 4?
The Form 4 involves Dr. Peter Blume-Jensen, Acrivon’s President and CEO, and Dr. Kristina Masson, co-founder and EVP – Business Operations. It details a tax-related share withholding and their direct and indirect common stock holdings with spousal disclosure language.