Cunningham Everett 4

What Happened

Everett Cunningham, a director of ARVINAS, was granted equity awards on June 24, 2026: 15,527 restricted stock units (RSUs) and a 22,714-share derivative award (reported as a grant). Both were reported at $0.00 per share, meaning they were granted for no cash consideration at the time of grant. Total awards equal 38,241 shares; these are grants/compensation rather than open‑market purchases or sales.

Key Details

• Transaction date: June 24, 2026; Form 4 filed June 26, 2026 (appears timely under SEC rules).
• Reported price: $0.00 per share for both grants.
• Shares reported: 15,527 RSUs (non‑derivative) and 22,714 derivative award shares — total 38,241.
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F1: Each RSU is a contingent right to receive one common share upon settlement; RSUs vest in full on the earlier of June 24, 2027 or immediately prior to the first annual meeting after grant, subject to continued service.
  • F2: The 22,714 derivative award was granted June 24, 2026; the shares underlying the award vest in full on the same vesting schedule as above, subject to continued service.
• Transaction type: Award/Grant (code A on Form 4).

Context

These entries reflect equity compensation granted to a director and do not indicate a market purchase or sale. The RSUs are contingent rights to receive shares upon settlement; the derivative award is an option-like grant whose underlying shares vest according to the stated schedule. No exercise, sale, or cashless transaction was reported.