Arvinas (ARVN) director receives RSU and stock option grants in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ARVINAS, INC. director Leslie V. Norwalk reported routine equity compensation awards, not open-market trading. On June 24, 2026, Norwalk received 15,527 restricted stock units, each representing a right to one share of common stock for no cash payment, bringing direct common stock holdings to 41,572 shares.
Norwalk was also granted an option to buy 22,714 shares of common stock at an exercise price of $8.0500 per share, expiring on June 23, 2036. Both the RSUs and the option vest in full on June 24, 2027 or immediately before the first annual stockholder meeting after the grant date, if service with the company continues through vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Norwalk Leslie V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 22,714 | $0.00 | -- |
| Grant/Award | Common Stock | 15,527 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 22,714 shares (Direct, null);
Common Stock — 41,572 shares (Direct, null)
Footnotes (1)
- The restricted stock units (each, an "RSU") were granted by the Issuer on June 24, 2026 and each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. The RSUs shall vest in full on the earlier of (i) June 24, 2027 or (ii) immediately prior to the first annual meeting of stockholders occurring after the date of grant, subject to the reporting person's continued service with the Issuer on the vesting date. This option award was granted on June 24, 2026. The shares underlying the award shall vest in full on the earlier of (i) June 24, 2027 or (ii) immediately prior to the first annual meeting of stockholders occurring after the date of grant, subject to the reporting person's continued service with the Issuer on the vesting date.
Key Figures
RSU grant size: 15,527 units
Shares held after grant: 41,572 shares
Stock option grant size: 22,714 options
+3 more
6 metrics
RSU grant size
15,527 units
Restricted stock units granted June 24, 2026
Shares held after grant
41,572 shares
Common stock directly held after RSU grant
Stock option grant size
22,714 options
Option for underlying common stock granted June 24, 2026
Option exercise price
<money>$8.0500</money> per share
Strike price for 22,714-share option
Option expiration
June 23, 2036
Expiration date of stock option grant
RSU vesting date
June 24, 2027
Latest vesting date, or earlier before next annual meeting
Key Terms
restricted stock units, contingent right, stock option, exercise price, +1 more
5 terms
restricted stock units financial
"The restricted stock units (each, an "RSU") were granted by the Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"each RSU represents a contingent right to receive one share"
stock option financial
"This option award was granted on June 24, 2026."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
exercise price financial
"conversion_or_exercise_price": "8.0500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"The RSUs shall vest in full on the earlier of (i) June 24, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did ARVINAS (ARVN) director Leslie V. Norwalk report?
Leslie V. Norwalk reported equity compensation awards, not market trades. On June 24, 2026, Norwalk received 15,527 restricted stock units and a stock option for 22,714 shares, both tied to continued service and future vesting conditions.
What are the terms of the stock option granted to Leslie V. Norwalk at ARVINAS (ARVN)?
Norwalk received a stock option covering 22,714 ARVINAS shares with an exercise price of $8.05 per share. The option expires on June 23, 2036 and will vest in full after one year or immediately before the next annual stockholder meeting, subject to continued service.
When do Leslie V. Norwalk’s restricted stock units in ARVINAS (ARVN) vest?
The 15,527 restricted stock units vest in full on the earlier of June 24, 2027 or immediately before the first annual stockholder meeting after the June 24, 2026 grant date, provided Norwalk continues serving ARVINAS through that vesting date.
Are Leslie V. Norwalk’s ARVINAS (ARVN) Form 4 transactions open-market buys or sells?
The reported transactions are compensation-related awards, not open-market buys or sells. They include a grant of restricted stock units and a stock option. Both are classified as acquisitions under transaction code A and involve no cash paid at grant.