Arvinas Board Member Gets Major Equity Incentive as Company Builds Long-term Leadership
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arvinas Director Everett Cunningham received significant equity compensation on June 25, 2025, consisting of two key components:
- 16,025 Restricted Stock Units (RSUs) granted at $0, increasing total direct common stock ownership to 26,045 shares
- 23,105 Stock Options with exercise price of $7.80, expiring June 24, 2035
Both the RSUs and stock options will fully vest on the earlier of June 25, 2026 or the first board meeting following the next annual stockholder meeting, contingent on Cunningham's continued service. The RSUs represent rights to receive common stock at no cost upon settlement, while the options provide purchase rights at the specified strike price. This compensation structure aligns the director's interests with long-term shareholder value.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cunningham Everett
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 23,105 | $0.00 | -- |
| Grant/Award | Common Stock | 16,025 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 23,105 shares (Direct);
Common Stock — 26,045 shares (Direct)
Footnotes (1)
- The restricted stock units (each, an "RSU") were granted by the Issuer on June 25, 2025 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 June 25, 2026 or the first meeting of the board of directors of the Issuer held after the following annual meeting of stockholders, subject to the reporting person's continued service with the Issuer on the vesting date. This option award was granted on June 25, 2025. The shares underlying the award shall vest in full on the earlier of June 25, 2026 or the first meeting of the board of directors of the Issuer held after the following annual meeting of stockholders, subject to the reporting person's continued service with the Issuer on the vesting date.
FAQ
What stock compensation did ARVN director Everett Cunningham receive on June 25, 2025?
Everett Cunningham received two forms of stock compensation on June 25, 2025: (1) 16,025 restricted stock units (RSUs) that vest in full on June 25, 2026 or the first board meeting after the next annual stockholder meeting, and (2) stock options to purchase 23,105 shares at $7.80 per share, which vest on the same schedule.
When do Everett Cunningham's ARVN stock options expire?
The stock options granted to Everett Cunningham on June 25, 2025 expire on June 24, 2035, giving them a 10-year term from the grant date.
What is the vesting schedule for ARVN director Cunningham's June 2025 RSU grant?
The RSUs will vest in full on the earlier of either June 25, 2026 or the first board of directors meeting held after the next annual stockholders meeting, subject to Cunningham's continued service with Arvinas.
What was the exercise price of the stock options granted to ARVN's director Cunningham?
The stock options were granted with an exercise price of $7.80 per share, as shown in Table II of the Form 4 filing.