Form 4: Arvinas CFO Andrew Saik Sells Shares to Cover Tax Obligations
Insider Transaction Report
Arvinas, Inc.'s Chief Financial Officer, Andrew Saik, sold 5,700 shares of common stock at $7.61 per share on June 24, 2025, to cover tax withholding obligations related to RSU vesting.
Summary
- Andrew Saik, Chief Financial Officer of Arvinas, Inc. (ARVN), reported a transaction on June 24, 2025.
- The transaction involved the disposition of 5,700 shares of Arvinas Common Stock.
- The shares were sold at a price of $7.61 per share.
- This sale was an automatic transaction executed by the Issuer to cover tax withholding obligations.
- The tax obligations arose from the vesting and settlement of 25% of Mr. Saik's restricted stock units (RSUs) that were granted on June 24, 2024.
- Following this transaction, Andrew Saik beneficially owns 164,401 shares of Arvinas Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine sale to cover tax obligations related to RSU vesting and does not indicate a change in management's sentiment towards the company or its future prospects. It is a neutral event.
Future Outlook
NA
Industry Context
This Form 4 filing details a routine insider transaction for tax purposes, which is common across all industries when executives' equity compensation (like RSUs) vests. It does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: The transaction is a routine tax-related sale by an executive and is unlikely to have a significant direct impact on shareholders beyond the minor change in outstanding shares. It does not suggest a lack of confidence.
Key Dates
| Date | Description |
|---|---|
| 06/24/2024 | Date restricted stock units (RSUs) were granted to Andrew Saik. |
| 06/24/2025 | Date of the reported transaction (sale of common stock) and the date the Form 4 was signed. |
Keywords
Arvinas, ARVN, Andrew Saik, Chief Financial Officer, CFO, SEC Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, RSU Vesting, Tax Withholding
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