Form 4: Invivyd Director Sara Cotter Acquires Stock Options
SEC Form 4 Filing
Director Sara Cotter acquired stock options in Invivyd, Inc. on May 21, 2024.
Summary
- Sara Cotter, a director of Invivyd, Inc., reported a transaction on May 21, 2024.
- Cotter acquired 41,369 stock options with an exercise price of $2.21.
- These options vest fully on the earlier of May 21, 2025, or the date of the Issuer's 2025 Annual Meeting of Stockholders, contingent upon continuous service.
- Following the transaction, Cotter directly owns 41,369 derivative securities.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing indicating an insider transaction. The acquisition of stock options can be seen as a mildly positive signal, suggesting confidence in the company's future.
Positives
- The acquisition of stock options by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The acquisition of stock options by a director could positively influence shareholder sentiment, reflecting confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of the transaction: Sara Cotter acquired stock options. |
| 05/21/2025 | Earliest vesting date for the stock options, contingent upon continuous service. |
| 05/20/2034 | Expiration date of the stock options. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.