Arvinas Board Member Gets Significant Equity Package, Signals Long-term Commitment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arvinas Director Briggs Morrison received significant equity compensation on June 25, 2025, consisting of two components:
- 16,025 Restricted Stock Units (RSUs) granted at $0, increasing total direct common stock ownership to 46,021 shares
- 23,105 Stock Options with exercise price of $7.80, expiring June 24, 2035
Both equity awards vest in full on the earlier of June 25, 2026 or the first board meeting following the next annual stockholder meeting, contingent on continued service. The RSUs represent rights to receive common stock upon settlement without additional payment. The transaction was reported via Form 4 filing signed by attorney-in-fact Jared Freedberg on June 27, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Morrison Briggs
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 — 46,021 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 awards did ARVN director Briggs Morrison receive on June 25, 2025?
On June 25, 2025, Briggs Morrison received two equity awards: 16,025 restricted stock units (RSUs) and stock options to purchase 23,105 shares of common stock at an exercise price of $7.80 per share.
When do Briggs Morrison's ARVN stock awards vest?
Both the RSUs and stock options vest in full on the earlier of June 25, 2026, or the first board meeting held after the next annual stockholders meeting, subject to Morrison's continued service with Arvinas.
What is the exercise price and expiration date of ARVN stock options granted to Morrison?
The stock options were granted with an exercise price of $7.80 per share and expire on June 24, 2035, ten years from the grant date.
Who filed this Form 4 for ARVN director Briggs Morrison?
The Form 4 was filed by Jared Freedberg as attorney-in-fact for Briggs Morrison on June 27, 2025, reporting transactions that occurred on June 25, 2025.