What is the vesting schedule for Rishi Gupta’s 33,989-share ELVN stock option grant?

For the 33,989-share grant, 1/36 of the options vest on February 2, 2026 and monthly thereafter. Vesting continues each month as long as he remains a non-employee director, gradually increasing his exercisable ownership stake over three years of board service.

Enliven director awarded new stock options

Gupta Rishi reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Gupta Rishi reported acquisition or exercise transactions in this Form 4 filing.

Enliven Therapeutics director Rishi Gupta reported stock option grants. He was awarded options covering 33,989 shares and 1,580 shares. For the larger grant, 1/36 of the shares vest monthly starting on February 2, 2026, while the smaller grant fully vests around the company’s 2027 annual stockholder meeting.

Insider Trade Summary

Grant/Award: 35,569 shares

Grant/Award 2 txns

Insider Gupta Rishi

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	33,989	$0.00	$0.00
Grant/Award	Stock Option (right to buy)	1,580	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 35,569 contracts (Direct)

Footnotes (2)

F1. 1/36th of the shares subject to the option vest on February 2, 2026 and each month thereafter, subject to the Reporting Person continuing as a non-employee director through the applicable vesting date.
F2. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Enliven Therapeutics (ELVN) report for Rishi Gupta?

Enliven Therapeutics reported that director Rishi Gupta received two stock option grants. One covers 33,989 shares and another covers 1,580 shares, both reported as awards with no sale of existing shares, aligning his incentives with future company performance and governance interests.

How many Enliven Therapeutics (ELVN) stock options were granted to Rishi Gupta?

Rishi Gupta was granted options on 33,989 shares and a separate grant of 1,580 shares. These awards are reported as acquisitions of derivative securities, giving him the right to buy company stock subject to the vesting schedules described in the filing’s footnotes.

When do Rishi Gupta’s additional 1,580 ELVN stock options vest?

The 1,580-share option grant vests 100% on the earlier of the first anniversary of the 2026 annual stockholder meeting or the 2027 annual stockholder meeting. Vesting requires Mr. Gupta to continue serving as a non-employee director through the applicable vesting date.

Did Rishi Gupta buy or sell any existing Enliven Therapeutics (ELVN) shares in this filing?

The Form 4 shows only grants of stock options to Rishi Gupta, not open-market purchases or sales of existing shares. Both transactions are coded as awards, indicating new option grants rather than trading in currently outstanding common stock.

What does the Form 4 for ELVN indicate about Rishi Gupta’s post-grant holdings?

After the reported option grants, the Form 4 shows 33,989 options in one award and 1,580 options in another. These figures reflect derivative securities he may exercise in the future, subject to vesting, rather than immediately exercisable or currently owned common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 02/17/2026 - 07:59 PM EST

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Gupta Rishi

(Last)

(First)

(Middle)

C/O ENLIVEN THERAPEUTICS, INC.

6200 LOOKOUT ROAD

(Street)

BOULDER

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$27.16	02/12/2026		A		33,989		⁽¹⁾	02/12/2036	Common Stock	33,989	$0	33,989	D
Stock Option (right to buy)	$27.16	02/12/2026		A		1,580		⁽²⁾	02/12/2036	Common Stock	1,580	$0	1,580	D

Explanation of Responses:

1. 1/36th of the shares subject to the option vest on February 2, 2026 and each month thereafter, subject to the Reporting Person continuing as a non-employee director through the applicable vesting date.

2. 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.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR