CNS Pharmaceuticals CEO receives 9,761 stock options, 2035 expiry
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CNS Pharmaceuticals, Inc. (CNSP) reported a stock option grant to its chief executive officer and director on a Form 4. The filing shows an option to purchase 9,761 shares of common stock at an exercise price of $30 per share, dated 11/17/2025 and expiring on 11/17/2035.
The option was originally approved on 03/11/2025, subject to shareholder approval of the stock option plan, which was obtained on 11/17/2025. The grant vests over 18 months: 50% on the six‑month anniversary of the grant date, 25% on the 12‑month anniversary, and 25% on the 18‑month anniversary, conditioned on continued employment. The reporting person beneficially owns 9,761 derivative securities directly after this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Climaco John M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase common stock | 9,761 | $0.00 | -- |
Holdings After Transaction:
Option to purchase common stock — 9,761 shares (Direct)
Footnotes (1)
- The option grant was approved by the compensation committee of CNS Pharmaceutical, Inc.'s board of directors on March 11, 2025 (the "Grant Date"), subject to shareholder approval of the stock option plan under which the option was granted. CNS Pharmaceutical, Inc.'s shareholders approved the plan at the company's annual meeting on November 17, 2025. The options set forth in the table vest as follows: 50% on the six-month anniversary of the Grant Date, 25% on the 12-month anniversary of the Grant Date, and 25% on the 18-month anniversary of the Grant Date, subject to the reporting person's continued employment on each vesting date. Issued in connection with the reporting person's employment with the Company.
FAQ
What did CNS Pharmaceuticals (CNSP) report in this Form 4 filing?
The filing reports a stock option grant to the chief executive officer and director of CNS Pharmaceuticals, Inc. for 9,761 options to purchase common stock.
How many stock options were granted to the CNSP executive and at what exercise price?
The executive received an option to purchase 9,761 shares of CNS Pharmaceuticals common stock at an exercise price of $30 per share.
When do the CNSP stock options vest for the reporting person?
The options vest as follows: 50% on the six‑month anniversary of the 03/11/2025 grant date, 25% on the 12‑month anniversary, and 25% on the 18‑month anniversary, subject to continued employment.
What approvals were required for the CNSP stock option grant?
The option grant was approved by the compensation committee on 03/11/2025, subject to shareholder approval of the stock option plan, which shareholders granted on 11/17/2025.
What is the expiration date of the CNS Pharmaceuticals (CNSP) stock options?
The stock options reported in the Form 4 expire on 11/17/2035.
How many derivative securities does the CNSP reporting person own after this transaction?
Following the reported transaction, the reporting person beneficially owns 9,761 derivative securities directly.
What role does the reporting person hold at CNS Pharmaceuticals (CNSP)?
The reporting person is a director and serves as the Chief Executive Officer of CNS Pharmaceuticals, Inc.