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Arvinas (NASDAQ: ARVN) CEO receives large stock option and RSU grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Arvinas, Inc. President and CEO Randy Teel reported equity awards from the company. He received a stock option for 218,691 shares at an exercise price of $0.00 per share and a grant of 147,791 restricted stock units, each settling into one common share if vesting conditions are met. Both awards vest over four years starting on February 12, 2027, contingent on his continued service.

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SEC Form 4
FORM 4 UNITED 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*
Teel Randy

(Last) (First) (Middle)
C/O ARVINAS, INC.
5 SCIENCE PARK, 395 WINCHESTER AVE.

(Street)
NEW HAVEN CT 06511

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ARVINAS, INC. [ ARVN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/26/2026 A 147,791(1) A $0 297,487 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $13.38 02/26/2026 A 218,691 (2) 02/25/2036 Common Stock 218,691 $0 218,691 D
Explanation of Responses:
1. The restricted stock units (each, an "RSU") were granted by the Issuer on February 26, 2026, pursuant to its 2018 Stock Incentive Plan (the "Plan"), and each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. The RSUs will vest over four years: one-quarter of the RSUs will vest on each of February 12, 2027, February 12, 2028, February 12, 2029 and February 12, 2030, subject to the Reporting Person's continued service with the Issuer on each such vesting date.
2. The option was granted by the Issuer on February 26, 2026, pursuant to the Plan. The shares underlying the option vest over four years: one-quarter of the shares underlying the award will vest on February 12, 2027, with the remainder of the shares vesting in equal monthly installments following February 12, 2027 through February 12, 2030, subject to the reporting person's continued service with the Issuer on each vesting date.
Remarks:
/s/ Jared Freedberg, as attorney-in-fact for Randy Teel 03/02/2026
** Signature of Reporting Person Date
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.

FAQ

What did ARVN CEO Randy Teel report in this Form 4 filing?

Randy Teel reported equity awards from Arvinas, Inc. He received a stock option for 218,691 shares and 147,791 restricted stock units, both granted as compensation and vesting over four years, subject to his continued service with the company.

How many stock options did ARVN grant to CEO Randy Teel?

Arvinas granted Randy Teel a stock option covering 218,691 shares of common stock. The option was issued under the company’s 2018 Stock Incentive Plan and vests over four years, starting on February 12, 2027 and continuing through February 12, 2030.

What restricted stock unit award did ARVN CEO Randy Teel receive?

Randy Teel received 147,791 restricted stock units from Arvinas. Each RSU represents a contingent right to receive one share of common stock at settlement, for no cash consideration, subject to four-year vesting and his continued service with the company on each vesting date.

What is the vesting schedule for Randy Teel’s ARVN restricted stock units?

The 147,791 RSUs vest in four equal annual installments. One-quarter vests on each of February 12, 2027, February 12, 2028, February 12, 2029 and February 12, 2030, provided Randy Teel remains in service with Arvinas on each respective vesting date.

How do Randy Teel’s ARVN stock options vest over time?

The 218,691-share stock option vests over four years. One-quarter of the underlying shares vest on February 12, 2027, with the remaining shares vesting in equal monthly installments from then through February 12, 2030, conditioned on Randy Teel’s continued service.

Did Randy Teel buy or sell ARVN shares for cash in this Form 4?

No cash share purchases or sales were reported. The Form 4 reflects equity compensation grants: a stock option and restricted stock units awarded at a price of $0.00 per share, vesting over time while Randy Teel continues serving Arvinas.
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