{"url_path":"/sec/acrv/8-k/2026-06-17/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-17","source_url":"https://www.sec.gov/Archives/edgar/data/1781174/0001193125-26-274410-index.html","accession_number":"0001193125-26-274410","cik":"0001781174","ticker":"ACRV","issuer_name":"Acrivon Therapeutics, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1781174/0001193125-26-274410-index.html","primary_entity_key":"0001781174","primary_entity_name":"Acrivon Therapeutics, Inc."},"word_count":358,"has_tables":true,"body_markdown":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\n \n\nOn June 17, 2026, Acrivon Therapeutics, Inc. (the “Company”) held its 2026 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved the Acrivon Therapeutics, Inc. Amended and Restated 2022 Equity Incentive Plan (the “Amended and Restated 2022 Plan”), which previously had been approved by the Company’s Board of Directors (the “Board”), subject to stockholder approval. The following paragraphs provide a summary of certain terms of the Amended and Restated 2022 Plan.\n\n \n\nThe purposes of the Amended and Restated 2022 Plan are to secure and retain the services of employees, non-employee directors and consultants, provide incentives for such persons to exert maximum efforts for the success of the Company and its affiliates, and provide such persons with an opportunity to benefit from increases in the value of the Company’s common stock through the granting of equity-based awards.\n\n \n\nUnder the Amended and Restated 2022 Plan, the Company may grant incentive stock options, nonstatutory stock options, stock appreciation rights, restricted stock awards, restricted stock unit awards, performance awards and other stock-based awards.\n\nSubject to the terms and conditions of the Amended and Restated 2022 Plan, the aggregate number of shares of the Company’s common stock that may be issued pursuant to awards granted under the Amended and Restated 2022 Plan is 8,606,723 shares, which includes an increase of 3,000,000 shares approved by the Company’s stockholders at the Annual Meeting. In addition, under the terms of the Amended and Restated 2022 Plan, the share reserve automatically increases on January 1 of each year through 2032 by an amount equal to 5% of the Company’s fully diluted shares (including outstanding pre-funded warrants) outstanding on the immediately preceding December 31, unless the Board determines a lesser increase for a given year.\n\n \n\nThe foregoing description of the Amended and Restated 2022 Plan does not purport to be complete and is qualified in its entirety by reference to the complete text of the Amended and Restated 2022 Plan, which is attached hereto as Exhibit 10.1 and incorporated herein by reference."}