Acrivon Therapeutics (ACRV) CFO granted 132,925 stock options in new award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics, Inc. reported that its Chief Financial Officer, Adam D. Levy, received a grant of stock options. The award covers 132,925 options with an exercise price of $0.00 per share, characterized as a grant or award acquisition rather than an open-market purchase.
According to the vesting terms, 25% of the options vest on March 1, 2027, and the remaining options vest in 36 substantially equal monthly installments after that date. All vesting requires Mr. Levy to remain in continuous service with the company through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levy Adam D.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 132,925 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 132,925 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did ACRV report for CFO Adam D. Levy?
Acrivon Therapeutics reported that CFO Adam D. Levy received a grant of 132,925 stock options. These options were awarded at an exercise price of $0.00 per share as a compensatory grant, not through an open-market stock purchase.
How many stock options were granted to the ACRV CFO in this Form 4?
The CFO of Acrivon Therapeutics was granted 132,925 stock options. This entire amount is reported as a single derivative transaction, characterized as a grant or award acquisition with no purchase price per option listed in the filing.
What is the vesting schedule for the ACRV CFO’s new stock options?
The options vest 25% on March 1, 2027, with the remaining shares vesting in 36 substantially equal monthly installments. Each vesting date is conditioned on the CFO’s continuous service with Acrivon Therapeutics through that specific date.
Was the ACRV CFO’s Form 4 transaction a stock purchase or an award?
The transaction is reported as a grant or award acquisition of stock options, not an open-market stock purchase. The filing uses transaction code A, which indicates a grant, award, or other acquisition of derivative securities such as options.
What ownership type is reported for the ACRV CFO’s option grant?
The filing lists the ownership of the stock options as direct. This means the reported 132,925 options are directly attributed to the CFO, rather than being held through an indirect entity such as a trust, partnership, or family investment vehicle.