[Form 4] CNS Pharmaceuticals, Inc. Insider Trading Activity
CNS Pharmaceuticals, Inc. (CNSP) reported a Form 4 filing for a director covering a new stock option grant. The derivative security is an option to purchase 1,517 shares of common stock at an exercise price of $12.48 per share, expiring on November 17, 2035.
The grant was approved by the compensation committee on June 6, 2025, subject to shareholder approval of the stock option plan. Shareholders approved the plan at the annual meeting on November 17, 2025, defined as the “Shareholder Approval Date.” The options vest in four equal quarterly installments starting on the Shareholder Approval Date, contingent on the reporting person’s continued employment. After this transaction, the reporting person beneficially owns 1,517 derivative securities directly.
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FAQ
What did CNS Pharmaceuticals (CNSP) report in this Form 4 filing?
The filing reports that a director of CNS Pharmaceuticals, Inc. received a grant of stock options to purchase the company’s common stock, documented in Table II as a derivative security.
How many CNS Pharmaceuticals stock options were granted and at what exercise price?
The director received an option to purchase 1,517 shares of common stock at an exercise price of
When do the CNSP stock options vest for the reporting person?
The options vest in four equal quarterly installments starting on the Shareholder Approval Date, which is
What is the expiration date of the CNS Pharmaceuticals stock options reported?
The options expire on
Was shareholder approval required for this CNSP stock option grant?
Yes. The option grant was approved by the compensation committee on
How many CNSP derivative securities does the reporting person own after this transaction?
Following the reported transaction, the reporting person beneficially owns 1,517 derivative securities directly, corresponding to the stock option grant.
Why were these CNS Pharmaceuticals options issued to the reporting person?
According to the explanation of responses, the options were issued in connection with the reporting person’s employment with the company.