Form 4: Acrivon Therapeutics Chief Legal Officer Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Mary Miller, Chief Legal Officer of Acrivon Therapeutics, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.

Summary

  • On October 17, 2024, Mary Miller, the Chief Legal Officer of Acrivon Therapeutics, Inc., reported a transaction on Form 4.
  • The transaction involved the withholding of 558 shares of common stock at a price of $7.87 per share.
  • These shares were withheld by Acrivon Therapeutics to satisfy the mandatory tax withholding requirement upon the vesting of restricted stock units.
  • Following the reported transaction, Miller beneficially owns 38,125 shares of Acrivon Therapeutics, Inc.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing a standard tax withholding transaction, which is neither particularly positive nor negative.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.

Key Dates

DateDescription
10/17/2024Date of the stock transaction (withholding of shares).
10/21/2024Date of signature for the Form 4 filing.

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