CervoMed (CRVO) director and 10% owner granted 8,150 stock options at $2.91
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CervoMed Inc. director and 10% owner Joshua S. Boger received a stock option grant in connection with his election to the board. The award covers 8,150 shares of common stock at an exercise price of $2.91 per share, expiring on June 8, 2036. These shares vest in substantially equal monthly installments over one year starting on June 30, 2026, conditioned on his continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOGER JOSHUA S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,150 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 8,150 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 8,150 shares
Exercise price: $2.91 per share
Expiration date: June 8, 2036
+1 more
4 metrics
Option grant size
8,150 shares
Stock Option (Right to Buy) granted June 8, 2026
Exercise price
$2.91 per share
Exercise price of granted stock options
Expiration date
June 8, 2036
Option grant expiration
Underlying shares
8,150 shares
Common stock underlying the options
Key Terms
Stock Option (Right to Buy), 2025 Equity Incentive Plan, non-employee director compensation policy, vesting
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
2025 Equity Incentive Plan financial
"common stock under the Issuer's 2025 Equity Incentive Plan"
non-employee director compensation policy financial
"in accordance with the terms of the Issuer's non-employee director compensation policy"
vesting financial
"shares of common stock underlying the award will vest on a monthly basis"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did CervoMed (CRVO) director Joshua S. Boger receive in this Form 4?
He received a stock option grant for 8,150 shares of CervoMed common stock. The options were awarded in connection with his election to the board under the 2025 Equity Incentive Plan.
What is the exercise price of the options granted to Joshua S. Boger at CervoMed (CRVO)?
The options have an exercise price of $2.91 per share. This is the price at which he can buy CervoMed common stock once the options vest and become exercisable.
How do the CervoMed (CRVO) options granted to Joshua S. Boger vest?
The 8,150-share option grant vests monthly over one year. Vesting occurs in substantially equal 1/12th increments on the last day of each month beginning June 30, 2026, subject to continued board service.
When do the stock options granted to CervoMed (CRVO) director Joshua S. Boger expire?
The options expire on June 8, 2036. If unexercised by that date, the right to purchase CervoMed common stock at $2.91 per share will lapse under the grant terms.
Why did CervoMed (CRVO) grant these options to Joshua S. Boger?
The options were granted in connection with his election to CervoMed’s board at the 2026 Annual Meeting. The award was made under the company’s 2025 Equity Incentive Plan and non-employee director compensation policy.