Berry Tamsin 4
Research Summary
AI-generated summary
Invivyd Director Tamsin Berry Receives 50,000-Share Award
What Happened
Tamsin Berry, a director of Invivyd, Inc. (IVVD), was granted a derivative award of 50,000 shares on May 19, 2026. The filing reports an acquisition price of $0.00 (derivative), indicating no cash paid at grant. This was a compensation award (not a market purchase or sale) and does not represent an immediate sale of shares.
Key Details
- Transaction date: May 19, 2026; Form 4 filed May 21, 2026 (timely filing).
- Grant: 50,000 derivative shares reported at $0.00 per share.
- Vesting: Per footnote F1, the option vests in full on the earlier of (i) May 19, 2027 or (ii) the Issuer's 2027 Annual Meeting of Stockholders, subject to continuous service.
- Shares owned after transaction: Not specified in the filing.
- Exhibits/remarks: Exhibit 24.1 (Power of Attorney) is referenced.
Context
This was an option award (derivative grant) that vests in the future; no immediate exercise or sale occurred. Such awards are common for director compensation and do not by themselves indicate insider buying or selling activity that reflects an immediate market view.