Press Releases September 1, 2026 04:01 PM

Arvinas Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Arvinas grants inducement restricted stock units to newly hired employee under Nasdaq rule

By Hana Yamamoto
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Arvinas, Inc., a clinical-stage biotech company specialized in targeted protein degradation drug development, announced an inducement grant of 45,696 restricted stock units to a newly hired employee as per Nasdaq Listing Rule 5635(c)(4). The RSUs vest in full after one year subject to continued employment. This grant is separate from the company's existing stock incentive plan.

Arvinas Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
ARVN
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Key Points

  • Arvinas awarded 45,696 RSUs to a newly hired employee as an inducement grant, promoting talent acquisition.
  • The RSU grant complies with Nasdaq Listing Rule 5635(c)(4) and is not part of the company’s existing stock incentive plan.
  • Arvinas is advancing several investigational drugs in clinical development, targeting diseases like non-Hodgkin Lymphoma, neurodegenerative disorders, and various solid tumors.

NEW HAVEN, Conn., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Arvinas, Inc. (Nasdaq: ARVN) (“Arvinas” or the “Company”), a clinical-stage biotechnology company creating a new class of drugs based on targeted protein degradation, today announced the Company granted 45,696 restricted stock units (“RSU”) to one newly hired employee (the “RSU Award”). The RSU Award was granted as of August 31, 2026 (the “Grant Date”) and in accordance with Nasdaq Listing Rule 5635(c)(4) and not pursuant to Arvinas’ stock incentive plan.

The RSU Award will vest in full on the one-year anniversary of the date of grant. The vesting of the RSU Award is subject to the employee's continued service as an employee of, or other service provider to, Arvinas through the applicable vesting date.

About Arvinas
Arvinas (Nasdaq: ARVN) is a clinical-stage biotechnology company dedicated to improving the lives of patients suffering from debilitating and life-threatening diseases. Through its PROTAC (PROteolysis TArgeting Chimera) protein degrader platform, Arvinas is pioneering the development of protein degradation therapies designed to harness the body’s natural protein disposal system to selectively and efficiently degrade and remove disease-causing proteins. Arvinas, with its partner Pfizer, developed the first U.S. Food and Drug Administration (FDA)-approved PROTAC, a type of heterobifunctional protein degrader, which has been outlicensed to Rigel Pharmaceuticals, Inc. for exclusive global development, manufacturing, and commercialization.

Arvinas is currently progressing multiple investigational drugs through or into clinical development programs, including ARV-393, targeting BCL6 for relapsed/refractory non-Hodgkin Lymphoma; ARV-102, targeting LRRK2 for neurodegenerative disorders; ARV-027, targeting the polyglutamine-expanded androgen receptor, or polyQ-AR, in skeletal muscle for spinal-bulbar muscular atrophy, also known as Kennedy’s disease; and ARV-6723, targeting HPK1 for advanced solid tumors. Arvinas has also advanced ARV-806, targeting KRAS G12D for solid tumors, in the clinic, and previously announced plans to seek an out-licensing agreement for any additional clinical trials of ARV-806, including dose expansion or combination clinical trials. Arvinas is headquartered in New Haven, Connecticut. For more information about Arvinas, visit www.arvinas.com and connect on LinkedIn and X.

Contacts

Investors:
Jeff Boyle
+1 (347) 247-5089
[email protected]

Media:
Kirsten Owens
+1 (203) 584-0307
[email protected]


Risks

  • The RSU vesting depends on continued employee service, so employee turnover risks affecting the value realization.
  • Arvinas is a clinical-stage biotech; clinical development risks, regulatory approvals, and commercialization uncertainties remain.
  • As a specialized biotech company, their success heavily depends on scientific and clinical progress, which carries inherent uncertainties.

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