Enliven Therapeutics (ELVN) director granted 17,126-share stock option

Rhea-AI Filing Summary

Kunkel Lori Anne reported acquisition or exercise transactions in this Form 4 filing.

Enliven Therapeutics director Lori Anne Kunkel received a new stock option grant covering 17,126 shares of the company’s stock. The option was awarded as a derivative security and is held directly. According to the terms, all shares vest in a single installment.

The option will fully vest on the earlier of the first anniversary of Enliven’s 2026 annual stockholder meeting or the date of the 2027 annual stockholder meeting, provided Kunkel continues serving as a non-employee director through that vesting date.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kunkel Lori Anne

(Last) (First) (Middle)

C/O ENLIVEN THERAPEUTICS, INC.

6200 LOOKOUT ROAD

(Street)

BOULDER CO 80301

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Enliven Therapeutics, Inc. [ ELVN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$27.16	02/12/2026		A		17,126		(1)	02/12/2036	Common Stock	17,126	$0	17,126	D

Explanation of Responses:

1. 100% of the shares subject to the option will vest on the earlier of (i) the first anniversary of the 2026 annual meeting of the Issuer's stockholders or (ii) the date of the 2027 annual meeting of the Issuer's stockholders, subject to the Reporting Person continuing as a non-employee director through the applicable vesting date.

	/s/ Ben Hohl, by power of attorney	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Enliven Therapeutics (ELVN) report for Lori Anne Kunkel?

Enliven Therapeutics reported a grant of a stock option to director Lori Anne Kunkel covering 17,126 shares. The option is a derivative security awarded to her in her capacity as a non-employee director, subject to specific vesting conditions tied to future stockholder meetings.

How many shares are covered by Lori Anne Kunkel’s new option at Enliven Therapeutics (ELVN)?

The new stock option granted to Lori Anne Kunkel covers 17,126 shares of Enliven Therapeutics common stock. This entire amount is reported as directly owned following the transaction, reflecting a single grant under the company’s director compensation arrangements.

When does Lori Anne Kunkel’s Enliven Therapeutics (ELVN) stock option vest?

The option vests 100% on the earlier of the first anniversary of Enliven’s 2026 annual stockholder meeting or the date of its 2027 annual meeting. Vesting requires that Kunkel continue serving as a non-employee director through the applicable vesting date.

What conditions apply to the vesting of Lori Anne Kunkel’s Enliven Therapeutics (ELVN) option?

Vesting is conditioned on timing and continued service. The 17,126-share option vests entirely on the earlier of two specified annual meeting dates, and only if Lori Anne Kunkel remains a non-employee director through that chosen vesting date.

Is Lori Anne Kunkel’s Enliven Therapeutics (ELVN) option held directly or indirectly?

The filing reports the stock option as directly owned by Lori Anne Kunkel. The ownership type is classified as direct, and no footnotes indicate that the option is held through a separate trust, partnership, or other related entity.