Morrison Briggs 4

What Happened
Morrison Briggs, a director of Arvinas, Inc. (ARVN), reported an open-market purchase of 20,000 shares on March 6, 2026. The filing shows a total value of $268,070, reflecting a weighted-average price of approximately $13.40 per share. This was a straight purchase (transaction code P), which represents an acquisition rather than a sale.

Key Details

• Transaction date: 2026-03-06; Form 4 filed 2026-03-09.
• Transaction type: Purchase (open market/private purchase), 20,000 shares.
• Reported total value: $268,070; reported weighted-average price ~$13.40 per share.
• Footnote: The $13.40 is a weighted average; individual trades ranged from $13.364 to $13.45. The filer offers to provide a breakdown of quantities at each price on request (Footnote F1).
• Shares owned after the transaction: Not specified in the filing.
• No indication in the filing of a 10b5-1 plan, gift, option exercise, or tax-withholding event.

Context
Purchases by directors are often watched by investors as one data point about insider sentiment, but they do not by themselves prove future performance. This transaction is a direct purchase (not an option exercise or automatic sale). Retail investors should consider this alongside company fundamentals and other insider activity.