Loomis David K 4
Research Summary
AI-generated summary
Arvinas (ARVN) Chief Accounting Officer David Loomis Sells Shares
What Happened
- David K. Loomis, Chief Accounting Officer of Arvinas, sold 1,016 shares of ARVN common stock on Feb 13, 2026 at $11.89 per share, generating proceeds of approximately $12,080. The filing identifies this sale as an automatic transaction to cover tax withholding tied to the vesting/settlement of RSUs.
Key Details
- Transaction date and price: 2026-02-13 — 1,016 shares sold at $11.89 each.
- Total proceeds: ~$12,080.
- Reason/footnote: Sale was automatic to satisfy tax withholding for the vesting and settlement of 25% of RSUs granted on Feb 13, 2025 (not a discretionary open-market trade).
- Shares owned after transaction: not specified in the summary; the filing notes ownership includes 119 shares previously acquired under the 2018 Employee Stock Purchase Plan (ESPP).
- Filing date: Form 4 filed 2026-02-18 (transaction reported after the trade date — check filing timeliness if relevant).
Context
- This was a routine, tax-withholding sale related to RSU vesting (cashless/automatic disposition), which is common and not an explicit signal of insider sentiment. The filing does not indicate an independent, discretionary sale plan (e.g., 10b5-1). The inclusion of 119 ESPP shares is an ownership detail, not a separate transaction.