Acrivon Therapeutics (ACRV) COO receives 186,728 stock options vesting from 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics, Inc. reported that Chief Operating Officer Eric Devroe received a grant of stock options covering 186,728 shares of common stock. The Form 4 classifies this as a grant or award acquisition, not an open-market purchase or sale.
According to the vesting terms, 25% of the option vests on March 1, 2027, and the remaining shares vest in 36 substantially equal monthly installments thereafter, provided Devroe remains in continuous service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Devroe Eric
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 186,728 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 186,728 shares (Direct)
Footnotes (1)
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FAQ
What does the Acrivon Therapeutics (ACRV) Form 4 for Eric Devroe report?
The Form 4 reports that Acrivon Therapeutics (ACRV) Chief Operating Officer Eric Devroe received a grant of stock options. The options cover 186,728 shares of common stock and are classified as a grant or award acquisition rather than a market purchase or sale.
How many stock options did Acrivon (ACRV) grant to COO Eric Devroe?
Acrivon Therapeutics (ACRV) granted Chief Operating Officer Eric Devroe stock options for 186,728 shares. This entire amount is reported as directly owned following the transaction, reflecting a single grant rather than multiple trades or a series of separate acquisitions or dispositions.
What is the vesting schedule for Eric Devroe’s ACRV stock options?
The vesting schedule for Eric Devroe’s ACRV stock options provides that 25% of the shares vest on March 1, 2027. The remaining shares vest in 36 substantially equal monthly installments afterward, conditioned on his continuous service through each vesting date.
What role does Eric Devroe hold at Acrivon Therapeutics (ACRV)?
Eric Devroe serves as Chief Operating Officer at Acrivon Therapeutics (ACRV). His position is disclosed in the insider filing, which reports the grant of stock options and identifies him as an officer rather than a director or ten percent beneficial owner of the company.
Are there conditions attached to vesting of Eric Devroe’s ACRV options?
Yes. Vesting of Eric Devroe’s ACRV stock options is subject to his continuous service. Twenty-five percent vests on March 1, 2027, and the remaining shares vest in 36 equal monthly installments only if he remains in service through each applicable vesting date.