Form 4: Avalo Therapeutics Director Gilla Kaplan Acquires Shares Through Restricted Stock Unit Vesting

Sentiment:

SEC Form 4


Director Gilla Kaplan acquired 3,167 shares of Avalo Therapeutics common stock through the vesting of restricted stock units on March 28, 2025.

Summary

  • On March 28, 2025, Gilla Kaplan, a director of Avalo Therapeutics, acquired 3,167 shares of common stock.
  • This acquisition resulted from the vesting of restricted stock units (RSUs).
  • The RSUs were granted on August 13, 2024, and vest in three equal installments on March 28, 2025, March 28, 2026, and March 28, 2027.
  • Following the transaction, Kaplan directly owns 6,333 shares of Avalo Therapeutics common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction related to previously granted equity compensation.

Positives

  • The vesting of RSUs indicates continued service and commitment of the director to the company.

Industry Context

This is a standard Form 4 filing, reflecting a common practice of equity compensation for directors and officers in publicly traded companies.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

DateDescription
August 13, 2024Reporting Person was granted 9,500 restricted stock units
March 28, 2025Date of transaction; 1/3 of restricted stock units vested
March 28, 2026Next vesting date for 1/3 of restricted stock units
March 28, 2027Final vesting date for 1/3 of restricted stock units
April 01, 2025Date of signature

Keywords

Avalo Therapeutics, Director, Gilla Kaplan, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, AVTX, Vesting

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