New CervoMed Board Member Receives $52,812 in Stock Options Package
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CervoMed Director and 10% owner Sylvie Gregoire received a stock option grant following her election to the company's board of directors at the 2025 Annual Meeting of Stockholders. The transaction details include:
- Grant of options to purchase 8,100 shares of common stock
- Exercise price set at $6.52 per share
- Options granted on June 23, 2025 with expiration on June 23, 2035
- Vesting schedule: Monthly over one year in equal 1/12th increments starting June 30, 2025
- Grant made under the company's 2025 Equity Incentive Plan per non-employee director compensation policy
The options are subject to continued service through applicable vesting dates. The filing was signed by William R. Elder as attorney-in-fact for Gregoire on June 25, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gregoire Sylvie
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,100 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,100 shares (Direct)
Footnotes (1)
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FAQ
What stock options did Sylvie Gregoire receive from CRVO in June 2025?
Sylvie Gregoire received options to purchase 8,100 shares of CRVO common stock at an exercise price of $6.52 per share on June 23, 2025. These options were granted under the company's 2025 Equity Incentive Plan following her election to the board of directors.
When do Sylvie Gregoire's CRVO stock options vest?
The stock options vest monthly over a one-year period in equal 1/12th increments on the last day of each month, beginning June 30, 2025. The vesting is subject to Gregoire's continued service as a director through each applicable vesting date.
What positions does Sylvie Gregoire hold at CRVO?
According to the Form 4 filing, Sylvie Gregoire serves as both a Director and a 10% Owner of CervoMed Inc. (CRVO), as indicated by the checked boxes in the relationship section of the filing.
When do Sylvie Gregoire's CRVO stock options expire?
The stock options granted to Sylvie Gregoire expire on June 23, 2035, ten years after the grant date of June 23, 2025.
What was the total value of stock options granted to CRVO's new director Sylvie Gregoire?
The Form 4 shows that Sylvie Gregoire received 8,100 stock options with an exercise price of $6.52 per share. These options were granted at $0 cost to Gregoire as part of CRVO's non-employee director compensation policy following her election to the board.