Form 4: Arvinas Director Edward Kennedy Jr. Receives Significant Equity Grants

Arvinas, Inc. Director Edward Moore Kennedy Jr. was granted 16,025 restricted stock units and 23,105 stock options, aligning his interests with shareholders.

Summary

• Edward Moore Kennedy Jr., a Director of Arvinas, Inc. (ARVN), reported changes in his beneficial ownership.
• On June 25, 2025, Mr. Kennedy acquired 16,025 shares of Common Stock in the form of Restricted Stock Units (RSUs) for no consideration.
• These RSUs represent a contingent right to receive one share of common stock upon settlement.
• The RSUs are set to vest in full on the earlier of June 25, 2026, or the first meeting of the board of directors held after the next annual meeting of stockholders, contingent on Mr. Kennedy's continued service.
• Additionally, on June 25, 2025, Mr. Kennedy was granted 23,105 stock options with an exercise price of $7.8 per share.
• These stock options also vest in full on the earlier of June 25, 2026, or the first meeting of the board of directors held after the next annual meeting of stockholders, subject to his continued service.
• The stock options have an expiration date of June 24, 2035.
• Following these transactions, Mr. Kennedy directly beneficially owns 39,430 shares of Common Stock and indirectly owns 29,333 shares through the Edward M. Kennedy Jr. 2011 Trusts For Children.
• He also beneficially owns 23,105 derivative securities in the form of stock options.

Sentiment

Score: 7

Explanation: The sentiment is positive as it indicates alignment of a director's interests with shareholders through equity grants, which is a standard and generally favorable corporate governance practice. It is a routine disclosure, not indicative of unexpected negative events.

Positives

• The granting of restricted stock units and stock options to a director aligns their financial interests directly with the long-term performance and shareholder value of Arvinas, Inc.
• The equity grants serve as an incentive for the director's continued service and dedication to the company's success.

Risks

• The vesting of both the restricted stock units and stock options is subject to the reporting person's continued service with the Issuer on the vesting date, meaning the grants could be forfeited if service ceases before vesting.

Future Outlook

The grants of restricted stock units and stock options are forward-looking, with vesting contingent on the director's continued service with Arvinas, Inc. until at least June 25, 2026, or the first board meeting after the next annual stockholders meeting.

Industry Context

This filing is a routine disclosure of insider equity compensation, common across publicly traded companies in all industries, including the biotechnology sector where Arvinas, Inc. operates. Such grants are standard practice for attracting and retaining qualified board members and aligning their incentives with long-term company performance.

Related Party Transactions

• Edward M. Kennedy Jr. 2011 Trusts For Children (UAD 11/23/11) indirectly own 29,333 shares of Common Stock, representing a related party holding.

Stakeholder Impact

• Shareholders: The equity grants align the director's financial incentives with shareholder interests, potentially leading to more focused efforts on long-term value creation.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• Vesting of the 16,025 restricted stock units on the earlier of June 25, 2026, or the first board meeting after the next annual meeting of stockholders, subject to continued service.
• Vesting of the 23,105 stock options on the earlier of June 25, 2026, or the first board meeting after the next annual meeting of stockholders, subject to continued service.

Key Dates

Keywords

ARVINAS, ARVN, SEC Form 4, Insider Transaction, Director Compensation, Equity Grant, Restricted Stock Units, Stock Options, Beneficial Ownership, Corporate Governance