MCGUIRE TERRANCE 4
Research Summary
AI-generated summary
Invivyd (IVVD) Director Terrance McGuire Receives 50,000-Share Award
What Happened Terrance McGuire, a director of Invivyd, was granted a derivative equity award for 50,000 shares on May 19, 2026. The filing lists the acquisition price as $0.00, indicating a non‑cash grant (e.g., restricted stock units or a zero‑cost option) rather than an open‑market purchase or sale. This is a compensation/award transaction, not an immediate buy or sell.
Key Details
- Transaction date: 2026-05-19 (reported on Form 4 filed 2026-05-21).
- Transaction type: Grant/Award of a derivative security for 50,000 shares at $0.00.
- Vesting: The award vests in full upon the earlier of (i) May 19, 2027 or (ii) the Issuer’s 2027 Annual Meeting of Stockholders, subject to continuous service (footnote included).
- Shares owned after transaction: Not specified in this Form 4.
- Timeliness: Filing appears timely (Form 4 filed two days after the grant date).
- No sale or exercise occurred — this is an award, not a cashless exercise or disposition.
Context This is a standard director compensation award and does not represent an open‑market purchase (which some investors view as a stronger bullish signal). The award will only convert into actual shares if vesting conditions are met. As always, such grants reflect compensation policy more than immediate insider sentiment.