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Aptevo Therapeutics (APVO) director nets 400 common shares from RSU vesting

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Aptevo Therapeutics Inc. director John Niederhuber reported the vesting and conversion of 400 Restricted Stock Units into 400 shares of common stock on August 6, 2026. The RSUs converted on a one-for-one basis into common stock. The related footnote states that on August 6, 2025, he was granted 7,200 (400 post-split) RSUs that vest on the first anniversary of the grant date.

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Insider Niederhuber John
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Unit F1, F2 400 $0.00 $0.00
Exercise Common Stock F1 400 -- --
Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 400 shares (Direct)
Footnotes (2)
  1. F1. Restricted Stock Units ("RSUs") convert into common stock, $0.001 par value per share, of the Issuer on a one-for-one basis.
  2. F2. On August 6, 2025, the reporting person was granted 7,200 (400 post-split) RSUs, vesting on the first anniversary of the date of grant.
RSUs converted 400 RSUs Restricted Stock Units converting into common stock on August 6, 2026
Common shares acquired 400 shares Common stock received upon RSU conversion on August 6, 2026
Common shares held after transaction 400 shares Direct common stock ownership by John Niederhuber after reported transactions
Original RSU grant 7,200 RSUs (400 post-split) Grant to John Niederhuber on August 6, 2025, vesting after one year
RSUs remaining from this grant 0 RSUs Total shares following transaction for the RSU derivative position
Restricted Stock Unit financial
"Restricted Stock Units ("RSUs") convert into common stock, $0.001 par value"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSUs financial
"the reporting person was granted 7,200 (400 post-split) RSUs, vesting"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
par value financial
"common stock, $0.001 par value per share, of the Issuer"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Aptevo Therapeutics (APVO) report for John Niederhuber?

Aptevo Therapeutics reported that director John Niederhuber had 400 RSUs convert into 400 shares of common stock on August 6, 2026, reflecting a vesting and derivative exercise rather than an open-market trade.

How many Aptevo Therapeutics (APVO) RSUs did John Niederhuber have convert to common stock?

John Niederhuber had 400 Restricted Stock Units convert into 400 shares of common stock. The RSUs convert on a one-for-one basis into common stock with a $0.001 par value per share, as disclosed in the footnote.

What is John Niederhuber’s common stock holding in Aptevo Therapeutics (APVO) after this Form 4?

After the reported transactions, John Niederhuber directly holds 400 shares of Aptevo Therapeutics common stock. The RSU position associated with this grant is shown as fully converted, with 0 RSUs remaining from that award.

Were John Niederhuber’s Aptevo Therapeutics (APVO) RSUs part of a prior grant?

Yes. A footnote states that on August 6, 2025, John Niederhuber was granted 7,200 RSUs (equivalent to 400 post-split RSUs), vesting on the first anniversary of the grant date, which aligns with the August 6, 2026 conversion.

Did John Niederhuber sell any Aptevo Therapeutics (APVO) shares in this Form 4?

No sales were reported. The Form 4 shows a derivative exercise/conversion where 400 RSUs were disposed of as derivatives and simultaneously 400 common shares were acquired, with no sale transaction code listed.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Niederhuber John

(Last)(First)(Middle)
2401 4TH AVENUE
SUITE 1050

(Street)
SEATTLE WASHINGTON 98121

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Aptevo Therapeutics Inc. [ APVO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/06/2026M400A(1)400D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)08/06/2026M400 (2) (2)Common Stock400$00D
Explanation of Responses:
1. Restricted Stock Units ("RSUs") convert into common stock, $0.001 par value per share, of the Issuer on a one-for-one basis.
2. On August 6, 2025, the reporting person was granted 7,200 (400 post-split) RSUs, vesting on the first anniversary of the date of grant.
/s/ SoYoung Kwon, Attorney-in-Fact08/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)