Acrivon Therapeutics (ACRV) leaders disclose tax-withholding share dispositions
Rhea-AI Filing Summary
Acrivon Therapeutics insiders reported tax-related share dispositions tied to restricted stock unit vesting. The filing shows 1,302 shares of Common Stock disposed at $1.63 per share, leaving 2,094,469 shares owned following this transaction.
A separate indirect transaction reports a tax-withholding disposition of 579 Common Stock shares at $1.63 per share, with 314,127 shares owned indirectly afterward. Footnotes explain shares were withheld by the issuer to satisfy mandatory tax withholding and that certain holdings are through a spouse, with each spouse disclaiming beneficial ownership beyond their pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on RSU vesting with no open-market selling.
The transactions involve Form 4 disclosures by senior leaders of Acrivon Therapeutics, including the President and CEO and the EVP of Business Operations. Both reported Code F dispositions, which indicate shares used to cover tax liabilities on equity awards.
One transaction shows 1,302 Common Stock shares disposed at $1.63 per share, with 2,094,469 shares remaining. Another indirect transaction covers 579 shares at the same price, leaving 314,127 shares indirectly held. Footnotes clarify the issuer withheld shares for mandatory taxes and that spouses hold some securities with each party disclaiming beneficial ownership beyond their pecuniary interest.
These mechanics are typical for equity compensation and do not represent discretionary buying or selling in the market. They mainly reflect tax and ownership-structure reporting, rather than a change in the company’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,302 | $1.63 | $2K |
| Tax Withholding | Common Stock | 579 | $1.63 | $943.77 |
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.