Srivastava Sapna 4

What Happened
Sapna Srivastava, a director of Nuvalent, Inc. (NUVL), was granted an award of 3,444 restricted stock units (RSUs) on June 16, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per unit (no cash purchase). Each RSU represents the right to one share of Nuvalent Class A common stock and will convert to shares upon vesting.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (timely filing).
• Award: 3,444 RSUs; reported acquisition price: $0.00 (standard for RSU grants).
• Vesting: RSUs vest in full on the earlier of June 16, 2027 or Nuvalent’s next annual meeting of stockholders, subject to continued service (per footnote).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs represent the right to receive one share each upon vesting.

Context
This transaction is a compensation-related equity award, not an open-market purchase or sale. Such awards are common for directors and reflect compensation and retention practices rather than an immediate market signal; the RSUs only convert to actual shares if and when they vest.