Tax-withholding share sale by Arvinas (ARVN) Chief Accounting Officer detailed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arvinas, Inc. Chief Accounting Officer David K. Loomis reported an automatic sale of common stock to cover taxes tied to restricted stock units. On February 13, he sold 1,016 shares of common stock at an average price of $11.89 per share in an open-market transaction.
The footnotes explain this sale was made by the company to satisfy tax withholding obligations upon vesting and settlement of 25% of RSUs granted on February 13, 2025, and that it was not a discretionary trade. After this sale, Loomis directly owns 30,800 shares, including 119 shares previously purchased under the company’s 2018 Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,016 shares ($12,080)
Net Sell
1 txn
Insider
Loomis David K
Role
Chief Accounting Officer
Sold
1,016 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,016 | $11.89 | $12K |
Holdings After Transaction:
Common Stock — 30,800 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 25% of the reporting person's restricted stock units (RSUs) granted on February 13, 2025. The sale does not represent a discretionary trade. Includes an aggregate of 119 shares of common stock of the issuer previously purchased under and in accordance with the 2018 Employee Stock Purchase Plan of the issuer in transactions exempt under Rule 16b-3.
FAQ
What insider transaction did Arvinas (ARVN) officer David Loomis report?
David K. Loomis reported an automatic sale of 1,016 Arvinas common shares. The transaction occurred at an average price of $11.89 per share and was executed to cover tax withholding obligations related to vesting restricted stock units granted in February 2025.
Was the recent Arvinas (ARVN) insider sale by David Loomis discretionary?
The sale was not discretionary. Footnotes state the issuer automatically sold 1,016 shares to cover Loomis’s tax withholding obligations from the vesting and settlement of 25% of his RSUs granted on February 13, 2025, rather than a voluntary open-market trade.