Lee Timothy Edward 4
Research Summary
AI-generated summary
Invivyd (IVVD) CCO Timothy Lee Receives 675,000-Share Option Award
What Happened
Lee Timothy Edward, Chief Commercial Officer of Invivyd, was granted a derivative award on January 29, 2026 for 675,000 shares (reported at $0.00). The Form 4 reports this as an award/grant (transaction code A) of a stock option-like instrument — no cash changed hands and no shares were sold.
Key Details
- Transaction date: 2026-01-29; filing date: 2026-01-30 (appears timely).
- Reported acquisition: 675,000 shares at $0.00 (derivative award).
- Vesting: The option vests over three years — 1/36th of the shares vest in substantially equal monthly installments starting one month after the grant date (per footnote F1), subject to continued service.
- Shares owned after transaction: not specified in the provided filing.
- Transaction code: A = Award/Grant (not an open-market purchase or sale).
Context: This filing records a compensation award (an option grant) rather than a purchase or sale. For retail investors, such grants are common as part of executive pay and vest over time; they do not represent immediate buying or selling of stock unless exercised and/or sold later.