Norwalk Leslie V 4
Research Summary
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ARVINAS (ARVN) Director Leslie Norwalk Receives RSUs & Option Award
What Happened Leslie V. Norwalk, a director of ARVINAS, Inc. (ARVN), received equity awards on June 24, 2026: 15,527 restricted stock units (RSUs) and a 22,714-share derivative award (option-style grant). Both awards were reported at $0.00 per share (grants issued as compensation, not open-market purchases or sales). No shares were sold or exercised in this filing.
Key Details
- Transaction date: June 24, 2026; Form 4 filed June 26, 2026 (timely filing).
- Awards: 15,527 RSUs (reported as acquired at $0.00) and 22,714 derivative shares (reported as acquired at $0.00).
- Vesting: Both awards vest in full on the earlier of (i) June 24, 2027 or (ii) immediately prior to the issuer’s first annual meeting after the grant, subject to Norwalk’s continued service (see footnotes F1 and F2).
- Shares owned after the transaction: not specified in this filing.
- Nature of transaction: compensation grants (A = Award/Grant), not purchases or sales; no immediate cashless exercise or disposition reported.
Context These grants are typical director compensation and are contingent on continued service until vesting. RSUs settle into common stock for no consideration upon vesting; the derivative/option-style award described will similarly vest into shares per the stated schedule. Because these are awards rather than market purchases, they indicate compensation issuance rather than a direct personal market investment or liquidation.