Form 4: Acrivon Therapeutics CFO Rasmus Holm-Jorgensen Reports Stock Option Grant
SEC Form 4 Filing
Rasmus Holm-Jorgensen, CFO of Acrivon Therapeutics, reports the acquisition of stock options on March 1, 2025.
Summary
- On March 1, 2025, Rasmus Holm-Jorgensen, the Chief Financial Officer of Acrivon Therapeutics, Inc., was granted stock options to purchase 109,309 shares of common stock.
- The exercise price of the stock options is $5.31 per share.
- 25% of the shares will vest on March 1, 2026, with the remaining shares vesting in 36 equal monthly installments thereafter, contingent upon continuous service.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral-positive event.
Positives
- The grant of stock options to the CFO aligns his interests with those of the shareholders, incentivizing him to contribute to the company's long-term success.
Future Outlook
The vesting schedule suggests a long-term commitment from the CFO to the company.
Industry Context
Stock option grants are a common form of executive compensation in the biotechnology industry, used to attract and retain talent and align management's interests with those of shareholders.
Stakeholder Impact
- Shareholders may view the stock option grant as a positive sign, aligning management's interests with the company's long-term success.
- The CFO is incentivized to contribute to the company's growth and profitability.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock option grant. |
| 03/01/2026 | First vesting date for 25% of the stock options. |
| 02/28/2035 | Expiration date of the stock options. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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