Duke William E. 4
Research Summary
AI-generated summary
Invivyd (IVVD) CFO William E. Duke Receives Option Award
What Happened
- William E. Duke, Chief Financial Officer of Invivyd, was granted a derivative equity award covering 625,000 shares on January 29, 2026. The filing lists an acquisition type "A" (award/grant) at a $0.00 price per share. No cash was paid at grant; the award is subject to vesting rather than an immediate sale or purchase.
Key Details
- Transaction date: 2026-01-29 (Form 4 filed 2026-01-30).
- Award: 625,000 shares (derivative equity award) at $0.00 listed price.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Vesting note (from filing): The option/award vests over a three-year period, with 1/36th of the shares vesting monthly beginning one month after the grant date, contingent on continuous service (Footnote F1).
- Filing timeliness: Form 4 was filed the day after the grant date (appears timely under standard 2-business-day filing rules).
Context
- This is a grant of a derivative equity award (e.g., options or restricted units) that will convert to actual shares only as it vests; it is not an immediate purchase or sale. Such awards are common as compensation and do not by themselves indicate the insider is buying or selling shares on the open market.