Arvinas CEO share sale to cover RSU taxes
Sentiment and the balance of points
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Rhea-AI Filing Summary
ARVINAS, INC. President and CEO Randy Teel reported an automatic sale of 2,209 shares of common stock at $9.0365 per share. According to the footnote, the shares were sold by the company to cover tax withholding obligations tied to the vesting of RSUs granted on May 21, 2024, and the transaction was not a discretionary trade. After this tax-related sale, Teel directly holds 285,009 shares of Arvinas common stock.
Insights
Small, non-discretionary tax sale with minimal signaling value.
The filing shows Arvinas CEO Randy Teel had 2,209 shares sold at $9.0365 each. A footnote states the sale was made automatically to cover tax withholding on vested restricted stock units, so it functions like a tax payment rather than a voluntary portfolio move.
After this transaction, Teel still directly owns 285,009 shares, indicating the sale is a very small fraction of his holdings. Because the trade was non-discretionary and tax-driven, it carries limited information about his view of ARVINAS, INC.’s future prospects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,209 | $9.0365 | $20K |
Footnotes (1)
- F1. 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 May 21, 2024. The sale does not represent a discretionary trade.
Key Figures
Key Terms
restricted stock units (RSUs) financial
tax withholding obligations financial
non-derivative financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Arvinas (ARVN) CEO Randy Teel report in this Form 4?
Was Randy Teel’s Arvinas (ARVN) stock sale a discretionary trade?
AI-generated analysis. How Rhea-AI works. Not financial advice.