Teel Randy 4
Research Summary
AI-generated summary
Arvinas (ARVN) CEO Randy Teel Receives RSU and Option Grants
What Happened
- Randy Teel, President, CEO and a director of Arvinas, was granted 147,791 restricted stock units (RSUs) and a derivative award covering 218,691 shares (stock option) on February 26, 2026. Both awards were granted under the company's 2018 Stock Incentive Plan and show $0 cash paid at grant.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (filed within the standard two-business-day window).
- Grant amounts and immediate value: 147,791 RSUs @ $0.00; 218,691-share option (derivative) @ $0.00. No purchase price or cash paid at grant is reported.
- Vesting (per footnotes): RSUs vest over four years — 25% on each of Feb 12, 2027, 2028, 2029 and 2030. The option vests 25% on Feb 12, 2027, with the rest vesting in equal monthly installments from Feb 12, 2027 through Feb 12, 2030.
- Shares owned after the reported transaction: Not specified in this filing.
- Other notes: Awards were granted pursuant to the Issuer’s 2018 Stock Incentive Plan. No tax-withholding, 10b5-1, or late-filing flags are indicated in the filing.
Context
- The RSUs are contingent rights to receive one share per RSU upon settlement (no cash required now). The derivative award is an option-style grant that vests over time; it does not represent an immediate share sale or purchase. Executive equity grants are a common part of compensation and do not by themselves indicate whether the insider expects the stock to rise or fall.