Loomis David K 4
Research Summary
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Arvinas (ARVN) VP David Loomis Receives Stock Awards
What Happened
David K. Loomis, Vice President and Chief Accounting Officer of Arvinas, Inc. (ARVN), received equity awards on February 26, 2026. The filing shows (1) 12,420 restricted stock units (RSUs) granted at $0.00 and (2) a derivative award covering 18,504 shares (an option) granted at $0.00. Total cash paid for these awards was $0 — they are compensation awards, not open‑market purchases.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (timely — within reporting window).
- Awards: 12,420 RSUs (each converts to one share upon settlement) and a derivative option for 18,504 shares; both recorded as acquisitions (code A). Reported price: $0.00; total reported cash value: $0.
- Vesting: RSUs vest over four years — 25% on each Feb 26 of 2027, 2028, 2029 and 2030 (footnote F1). The option vests 25% on Feb 26, 2027 with the remainder vesting in equal monthly installments through Feb 26, 2030 (footnote F2). Vesting is subject to continued service.
- Plan: Grants made under the company’s 2018 Stock Incentive Plan.
- Shares owned after the transaction: not specified in the provided filing.
- No 10b5‑1 plan, tax‑withholding sale, or late‑filing flag noted in the provided notes.
Context
These awards are standard equity compensation intended to align executives with shareholder interests; they do not reflect an immediate purchase or sale of stock and will only result in share issuance if and when vesting/settlement occurs. Derivative/option awards require vesting (and possibly exercise) before creating ordinary shares, so they represent potential future dilution rather than current stock ownership or cash value.