Bain Linda 4

What Happened

• Linda Bain, a director of ARVINAS, Inc. (ARVN), was granted equity awards on June 24, 2026: 15,527 restricted stock units (RSUs) and a derivative option award covering 22,714 shares. Both awards were granted for no cash consideration (price $0.00) and thus have a total reported acquisition value of $0.

Key Details

• Transaction date: June 24, 2026; Form 4 filed June 26, 2026 (timely within the usual 2-business-day reporting window).
• Grant amounts and price: 15,527 RSUs @ $0.00; 22,714 option/derivative shares @ $0.00.
• Shares owned after transaction: not disclosed in this filing.
• Footnote F1: Each RSU converts to one share upon settlement for no consideration; RSUs vest in full on the earlier of June 24, 2027 or immediately prior to the first annual meeting after the grant, subject to continued service.
• Footnote F2: The option award was granted June 24, 2026; underlying shares vest on the same schedule as the RSUs, subject to continued service.
• Transaction code: A = Award/Grant (not a purchase or sale).

Context

• RSUs and option awards are typical forms of director compensation and do not involve immediate cash payment or immediate share sales. The RSUs convert to common shares on settlement; the option award is a derivative right that vests later and would need to be exercised or settled before resulting in owned shares.
• These awards reflect compensation and service-based vesting requirements rather than an open-market purchase or sale; they should be interpreted as routine equity compensation rather than a direct bullish or bearish insider trade.