Form 4: Invivyd Director Terrance McGuire Acquires Stock Options
SEC Form 4 Filing
Terrance McGuire, a director of Invivyd, Inc., acquired stock options for 50,000 shares on May 21, 2024.
Summary
- On May 21, 2024, Terrance McGuire, a director of Invivyd, Inc., acquired stock options to purchase 50,000 shares of common stock at an exercise price of $2.21.
- The 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, McGuire directly owns 50,000 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral event, simply a disclosure of stock option grants to a director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of earliest transaction: Grant date of stock options. |
| 05/21/2025 | Vesting date of stock options (or earlier if 2025 Annual Meeting of Stockholders occurs before this date). |
| 05/20/2034 | Expiration date of stock options. |
| 05/23/2024 | Date of Form 4 filing. |
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.