Arvinas (ARVN) CEO auto-sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arvinas, Inc. President and CEO Randy Teel reported two open-market sales of common stock linked to equity award vesting. On February 23, 2026, he sold 1,038 shares and 3,748 shares at $12.16 per share, totaling 4,786 shares.
According to the footnotes, both sales were made automatically by the company to cover tax withholding obligations upon vesting and settlement of restricted stock units granted on February 22, 2023 and February 23, 2024, and do not represent discretionary trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,786 shares ($58,198)
Net Sell
2 txns
Insider
Teel Randy
Role
President and CEO
Sold
4,786 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,038 | $12.16 | $13K |
| Sale | Common Stock | 3,748 | $12.16 | $46K |
Holdings After Transaction:
Common Stock — 153,444 shares (Direct)
Footnotes (1)
- This sale was made automatically by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of one-quarter of the reporting person's restricted stock units (RSUs) granted on February 22, 2023. The sale does not represent a discretionary trade. This sale was made automatically by the Issuer to cover tax withholding obligations in connection with the vesting and settlement of one-half of the reporting person's restricted stock units (RSUs) granted on February 23, 2024. The sale does not represent a discretionary trade.
FAQ
What did Arvinas (ARVN) CEO Randy Teel report in this Form 4?
Randy Teel reported two sales of Arvinas common stock totaling 4,786 shares on February 23, 2026. The transactions were linked to restricted stock unit vesting and were executed at $12.16 per share to satisfy related tax obligations.
Were Randy Teel’s ARVN stock sales discretionary trades?
No. Footnotes state both sales were made automatically by Arvinas to cover tax withholding from RSU vesting. The filing explicitly notes that each sale does not represent a discretionary trade by Randy Teel in the open market.
Why did the Arvinas CEO’s RSUs trigger stock sales?
The RSU vesting created tax withholding obligations. The company automatically sold shares on Randy Teel’s behalf to satisfy these obligations, tied to RSUs granted on February 22, 2023 and February 23, 2024, rather than through elective selling.
What do the Form 4 footnotes say about these Arvinas stock sales?
The footnotes explain each sale was made automatically by the issuer to cover tax withholding from vesting and settlement of specific RSU grants. They further state that each transaction does not represent a discretionary trade by the reporting person.