[Form 4] CNS Pharmaceuticals, Inc. Insider Trading Activity
CNS Pharmaceuticals, Inc. (CNSP) reported a Form 4 showing a director received an option to purchase 1,517 shares of common stock at an exercise price of $12.48 per share. The option was originally approved by the compensation committee on June 6, 2025, subject to shareholder approval of the stock option plan, which shareholders granted on November 17, 2025. The option becomes exercisable in four equal quarterly installments starting on the November 17, 2025 shareholder approval date, as long as the director continues in employment on each vesting date, and expires on November 17, 2035. The filing states the option was issued in connection with the reporting person’s employment and is held as a direct ownership position.
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FAQ
What equity award was reported for CNS Pharmaceuticals (CNSP) on this Form 4?
The Form 4 reports that a director of CNS Pharmaceuticals, Inc. (CNSP) received an option to purchase 1,517 shares of common stock at an exercise price of $12.48 per share.
When do the new CNSP stock options vest?
The options vest in four equal quarterly installments beginning on the November 17, 2025 shareholder approval date, subject to the reporting person’s continued employment on each vesting date.
What are the key dates and term of the CNSP stock option grant?
The compensation committee approved the option on June 6, 2025, shareholders approved the stock option plan on November 17, 2025, the option is listed as exercisable on November 17, 2025, and it expires on November 17, 2035.
How is the reporting person’s ownership in CNS Pharmaceuticals classified?
The Form 4 indicates the reporting person is a director of CNS Pharmaceuticals, Inc. and that the reported derivative securities are held with direct (D) ownership.
Why were these CNSP options granted to the reporting person?
The explanation states the options were issued in connection with the reporting person’s employment with the company, under a stock option plan approved by shareholders.
Did CNS Pharmaceuticals’ shareholders approve the stock option plan for this grant?
Yes. The filing notes that shareholders of CNS Pharmaceuticals, Inc. approved the stock option plan at the company’s annual meeting on November 17, 2025, which is defined as the Shareholder Approval Date.