Teel Randy 4/A
4/A · ARVINAS, INC. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Arvinas (ARVN) CEO Randy Teel Receives RSU Award
What Happened Randy Teel, President & CEO and a director of Arvinas, was granted 147,179 restricted stock units (RSUs) on February 26, 2026. The RSUs were issued at $0.00 (no cash paid) and therefore have no immediate purchase price or cash outlay. This filing is an amendment correcting a clerical error in the originally reported RSU count (originally reported as 147,791); the corrected grant size is 147,179.
Key Details
- Transaction type: Award/Grant (code A) of 147,179 RSUs on 2026-02-26 at $0.00 (total immediate cash value $0).
- Vesting: RSUs vest in four equal annual installments — 25% on each of Feb 12, 2027; Feb 12, 2028; Feb 12, 2029; and Feb 12, 2030 — subject to continued service.
- Footnotes: F1 confirms each RSU is a contingent right to one share upon settlement for no consideration; F2 explains this Form 4 amends the March 2, 2026 filing to correct the RSU count.
- Shares owned after the transaction: the amendment corrects the reported beneficial ownership figure; see the amended Form 4 for the updated post-transaction holdings.
Context RSU grants are compensation awards that convert into common shares only as they vest, so they do not represent an immediate open‑market purchase or sale. Awards like this are common for executive compensation and are not direct signals of immediate insider buying or selling. This filing remedies a clerical reporting error; consult the amended Form 4 for the precise updated beneficial‑ownership numbers.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-26+147,179→ 296,875 total
Footnotes (2)
- [F1]The restricted stock units (each, an "RSU") were granted by the Issuer on February 26, 2026, pursuant to its 2018 Stock Incentive Plan (the "Plan"), and each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. The RSUs will vest over four years: one-quarter of the RSUs will vest on each of February 12, 2027, February 12, 2028, February 12, 2029 and February 12, 2030, subject to the Reporting Person's continued service with the Issuer on each such vesting date.
- [F2]This amendment is being filed to correct an inadvertent clerical error in reporting the number of RSUs awarded on February 26, 2026. The correct number of RSUs awarded was 147,179, not 147,791, as was originally reported on the Form 4 filed on March 2, 2026. Column 5, the amount of securities beneficially owned following reported transaction(s), has also been corrected accordingly.