Form 4: Blackburn Kelly reports acquisition/exercise transactions in CRVO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blackburn Kelly reported acquisition or exercise transactions in a Form 4 filing for CRVO. The filing lists transactions totaling 30,000 shares. Following the reported transactions, holdings were 30,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blackburn Kelly
Role
EVP, Clinical Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 30,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CervoMed (CRVO) report for Kelly Blackburn?
CervoMed reported a stock option grant to EVP, Clinical Development, Kelly Blackburn. The Form 4 shows 30,000 stock options awarded as a derivative security, giving the executive the right to buy common shares at a fixed exercise price over time.
How many stock options did Kelly Blackburn receive from CervoMed (CRVO)?
Kelly Blackburn received 30,000 stock options. These options give the right to acquire 30,000 shares of CervoMed common stock, subject to vesting over 36 months and exercisable at a set price if conditions are satisfied.
What is the exercise price of Kelly Blackburn’s CervoMed (CRVO) stock options?
The exercise price of the stock options is $4.8 per share. This is the price at which Blackburn can buy CervoMed common stock once the options vest and before they expire in 2036, assuming the options are exercised.
When do Kelly Blackburn’s CervoMed (CRVO) stock options vest?
The options begin vesting on February 28, 2026. The underlying shares vest in 36 equal, or nearly equal, monthly installments on the last calendar day of each month over a 36‑month period, tying the award to continued service.
When do Kelly Blackburn’s CervoMed (CRVO) stock options expire?
The stock options expire on February 11, 2036. After this expiration date, any unexercised options will lapse, meaning they can no longer be used to purchase CervoMed common shares, even if they were fully vested before that date.
Is Kelly Blackburn’s CervoMed (CRVO) stock option grant held directly or indirectly?
The Form 4 indicates the options are held directly. The ownership code is shown as “D” for direct ownership, and no indirect ownership entities or special beneficial ownership disclaimers are referenced in the provided footnote.