Cingulate Strengthens Board Compensation with Long-term Stock Options Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Jeffrey S. Ervin of Cingulate has been granted 15,000 stock options on June 20, 2025. The options have the following key terms:
- Exercise price set at $4.14 per share
- Expiration date of June 20, 2035 (10-year term)
- Vesting occurs at the earlier of:
- One-year anniversary of grant date
- Date of Cingulate's 2026 annual stockholder meeting
This Form 4 filing represents a standard director compensation grant, with the options providing Ervin the right to purchase common stock at the specified strike price. The grant aligns the director's interests with shareholders through long-term equity incentives.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ervin Jeffrey S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to Buy) | 15,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to Buy) — 15,000 shares (Direct)
Footnotes (1)
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FAQ
What stock options did Jeffrey Ervin receive from CINGW on June 20, 2025?
Jeffrey Ervin received 15,000 stock options with an exercise price of $4.14 per share. These options were granted on June 20, 2025, and will expire on June 20, 2035.
When do Jeffrey Ervin's CINGW stock options vest?
The stock options vest on the earlier of two conditions: (1) the one-year anniversary of the grant date (June 20, 2026) or (2) the date of Cingulate Inc.'s 2026 annual meeting of stockholders.
What is Jeffrey Ervin's role at CINGW?
According to the Form 4 filing, Jeffrey Ervin serves as a Director of Cingulate Inc. (CINGW). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.
What was the total value of stock options granted to Jeffrey Ervin in this Form 4 filing?
The Form 4 shows that Jeffrey Ervin received 15,000 stock options with a listed price of $0 (grant price). These options have an exercise price of $4.14 per share, meaning he would need to pay $4.14 per share to exercise them in the future.
Who signed this Form 4 filing for CINGW?
The Form 4 was signed by Shane J. Schaffer as Attorney-in-Fact for Jeffrey Ervin on June 23, 2025, three days after the transaction date.