Envoy Medical (COCH) director reports 25,000 new stock options at $0.813
Rhea-AI Filing Summary
Envoy Medical, Inc. director Mona Chetan Patel reported changes in her holdings on a Form 4. On 12/03/2025 she acquired 25,000 stock options, each with an exercise price of $0.813, exercisable starting 05/01/2026 and expiring 12/03/2035, covering 25,000 shares of Class A common stock. She also beneficially owns 20,000 shares of Class A common stock directly and holds 25,000 stock options with a $2.4 exercise price expiring 10/15/2033. The filing notes that options to purchase 6,250 shares vest on 10/15/2024, with the remaining 18,750 shares vesting pro rata on the 15th of each month for 36 months.
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FAQ
What did Envoy Medical (COCH) disclose in this Form 4 filing?
The filing reports that director Mona Chetan Patel changed her beneficial ownership in Envoy Medical, Inc. On 12/03/2025 she acquired 25,000 stock options with an exercise price of $0.813 per share and updated her reported stock and option holdings.
How many Envoy Medical stock options were acquired and at what price?
On 12/03/2025 the director acquired 25,000 stock options (stock options, right to buy) with an exercise price of $0.813 per share. These options cover 25,000 shares of Envoy Medical Class A common stock and are reported with a derivative security price of $0.
What is the vesting schedule described for Envoy Medical stock options?
The filing explains that options to purchase 6,250 shares vest on 10/15/2024, and the remaining 18,750 shares vest pro rata on the 15th of each month for 36 consecutive months, for a total of 25,000 option shares under that vesting schedule.
How many Envoy Medical shares and options does the director beneficially own after the reported transactions?
After the reported transactions, the director beneficially owns 20,000 shares of Envoy Medical Class A common stock directly. She also holds 25,000 stock options with an exercise price of $2.4 expiring on 10/15/2033 and 25,000 stock options with an exercise price of $0.813 expiring on 12/03/2035.
What is the reporting person’s relationship to Envoy Medical?
The reporting person is identified as a Director of Envoy Medical, Inc. The form is indicated as filed by one reporting person, and the signature is provided by an attorney-in-fact acting for Mona Chetan Patel.