CNS Pharmaceuticals Form 4 shows 1,517 director options to 2035
Rhea-AI Filing Summary
CNS Pharmaceuticals, Inc. (CNSP) reported a stock option grant to one of its directors on Form 4. On November 17, 2025, the director received an option to purchase 1,517 shares of common stock at an exercise price of $12.48 per share, with an expiration date of November 17, 2035.
The option was originally approved by the compensation committee on June 6, 2025, and became effective after shareholders approved the underlying stock option plan on November 17, 2025, described as the Shareholder Approval Date. The options vest in four equal quarterly installments starting on that approval date, conditioned on the director’s continued employment with the company. The filing notes that the option was issued in connection with the reporting person’s employment and is held as a direct ownership position.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option to purchase common stock | 1,517 | $0.00 | -- |
Footnotes (1)
- The option grant was approved by the compensation committee of CNS Pharmaceutical, Inc.'s board of directors on June 6, 2025, 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 "Shareholder Approval Date"). The options set forth in the table vest in four equal quarterly installments commencing on the Shareholder Approval 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 CNSP disclose in this Form 4 filing?
What is the exercise price and term of the CNSP stock options reported?
How do the CNSP director’s stock options vest?
When was the CNSP stock option plan and grant approved?
What is the nature of the reporting person’s relationship to CNSP?
Is the CNSP director’s stock option held directly or indirectly?