Form 4: Invivyd Director Bolno Acquires Stock Options
Statement of Changes in Beneficial Ownership
Invivyd, Inc. reports that Director Paul Bolno acquired stock options, indicating a potential long-term commitment to the company.
Summary
- Paul Bolno, a Director at Invivyd, Inc., acquired 32,876 stock options on May 19, 2026.
- The options have an exercise price of $1.04 and an expiration date of May 18, 2036.
- These options vest in full on May 19, 2027, or at the Issuer's 2027 Annual Meeting of Stockholders, provided Bolno remains in continuous service.
- The transaction was reported on May 21, 2026.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates a director's commitment through option acquisition, but it does not represent new financial performance data.
Positives
- Director Paul Bolno's acquisition of stock options suggests confidence in the company's future prospects.
- The grant of options aligns the director's interests with those of shareholders, potentially driving long-term value creation.
Future Outlook
The stock options are set to vest in full on May 19, 2027, or at the Issuer's 2027 Annual Meeting of Stockholders, contingent upon the Reporting Person's continuous service.
Industry Context
StockSavvy.ai notes that the granting of stock options to directors is a common practice in the biotechnology and pharmaceutical sectors, aiming to incentivize long-term performance and align executive interests with shareholder value.
Stakeholder Impact
- Shareholders: The acquisition of options by a director may be viewed positively, signaling confidence in the company's future and aligning director incentives with shareholder interests.
Next Steps
- Continuous service by Paul Bolno through May 19, 2027, or the 2027 Annual Meeting of Stockholders for options to fully vest.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Earliest transaction date; date stock options were granted. |
| 05/18/2036 | Expiration date of the stock options. |
| 05/19/2027 | Vesting date for the stock options, subject to continuous service. |
| 05/21/2026 | Date the Form 4 filing was signed and reported. |
Keywords
Invivyd, Inc., IVVD, Form 4, Stock Options, Director, Beneficial Ownership, Securities Exchange Act
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