Company: ARVN
Filing Date: 2025-09-17
Form Type: 8-K
Source: 0001655759-25-000147
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Company: ARVINAS, INC.
Filing Date: 2025-09-17
Form: 8-K
Item: Item 2.05
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Item 2.05 Costs Associated with Exit or Disposal Activities.

On September 17, 2025, management of Arvinas, Inc. (the “ Company’), pursuant to authority delegated by the Board of Directors of the Company (the “ Board”), committed to and approved a reduction in workforce of approximately 15% across roles in functional areas of the Company primarily related to vepdegestrant commercialization. The Company expects the workforce reduction will be substantially completed during the first quarter of 2026. The Company expects that it will incur approximately $4.5 million in costs in connection with the workforce reduction, which consist of severance and other one-time employee termination benefit expenses, which the Company expects to recognize primarily in the third and fourth quarters of 2025. The estimate of costs that the Company expects to incur, and the timing thereof, are subject to a number of assumptions and actual results may differ. The Company may also incur other charges or cash expenditures not currently contemplated due to events that may occur as a result of, or associated with, the workforce reduction.

Item 7.01 Regulation FD Disclosure.