Arvinas (NASDAQ: ARVN) CEO receives large stock option and RSU grants
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Teel Randy
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 218,691 | $0.00 | -- |
| Grant/Award | Common Stock | 147,791 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 218,691 shares (Direct);
Common Stock — 297,487 shares (Direct)
Footnotes (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. 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.
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.