Form 4: Arvinas Inc. Officer David K. Loomis Reports Stock Sale to Cover Tax Obligations

David K. Loomis, Chief Accounting Officer of Arvinas Inc., sold 1,214 shares of common stock on February 24, 2025, to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• David K. Loomis, Chief Accounting Officer of Arvinas Inc., reported a transaction involving the company's common stock.
• On February 24, 2025, Loomis sold 1,214 shares at a price of $16.75 per share.
• The sale was executed automatically by the issuer to cover tax withholding obligations associated with the vesting and settlement of restricted stock units (RSUs) granted on February 23, 2024.
• Following the reported transaction, Loomis beneficially owns 18,863 shares of Arvinas Inc. common stock, which includes 1,453 shares purchased under the company's 2018 Employee Stock Purchase Plan.
• Loomis has granted a Limited Power of Attorney to John Houston, Andrew Saik, Jared Freedberg, and Christina Bailey to handle Section 16 reporting obligations related to Arvinas, Inc.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing an insider stock transaction. It doesn't convey strong positive or negative sentiment, reflecting a routine event.

Industry Context

This is a routine disclosure related to insider transactions and is common for publicly traded companies. It reflects standard practice for executives managing their equity compensation.

Comparison to Industry Standards

• Similar transactions are regularly reported by officers and directors of publicly traded companies like Arvinas.
• Companies such as Amgen, Gilead, and Biogen also see frequent Form 4 filings related to stock options, restricted stock units, and employee stock purchase plans.
• The number of shares sold and the price are within the typical range for such transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, employees, customers, suppliers, and creditors as it is a routine sale of shares by an officer to cover tax obligations.

Key Dates

Keywords

Form 4, Arvinas Inc., David K. Loomis, Stock Sale, Restricted Stock Units, Tax Withholding, Beneficial Ownership, Employee Stock Purchase Plan, Section 16, Power of Attorney