Acrivon Therapeutics (ACRV) CAO reports 99-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acrivon Therapeutics Chief Accounting Officer Katharine Peterson reported a small tax-related share disposition. On the vesting of restricted stock units, 99 shares of common stock were withheld by the company at a value of $1.92 per share to cover mandatory tax withholding. After this non-market transaction, she directly holds 3,907 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Peterson Katharine
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 99 | $1.92 | $190.08 |
Holdings After Transaction:
Common Stock — 3,907 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 99 shares
Per-share value for withholding: $1.92 per share
Shares owned after transaction: 3,907 shares
+1 more
4 metrics
Shares withheld for taxes
99 shares
Withheld to satisfy mandatory tax withholding on RSU vesting
Per-share value for withholding
$1.92 per share
Value used for 99-share tax-withholding disposition
Shares owned after transaction
3,907 shares
Directly held Acrivon Therapeutics common stock following Form 4 event
Tax-withholding share count
99 shares
Also reported in transactionSummary as taxWithholdingShares
Key Terms
restricted stock units, mandatory tax withholding, Form 4
3 terms
restricted stock units financial
"upon vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
mandatory tax withholding financial
"to satisfy the mandatory tax withholding requirement"
Form 4 regulatory
"reported on a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Acrivon Therapeutics (ACRV) report for Katharine Peterson?
Acrivon Therapeutics reported that Chief Accounting Officer Katharine Peterson had 99 common shares withheld to satisfy tax obligations on vested restricted stock units. This was a non-open-market tax-withholding disposition reported on a Form 4 insider filing.