CervoMed (CRVO) director Sylvie Gregoire receives 8,150-share stock option award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CervoMed Inc. director and 10% owner Sylvie Gregoire received a stock option grant related to her election to the board. The award covers 8,150 shares of common stock at an exercise price of $2.91 per share and expires on June 8, 2036. The option was granted under CervoMed’s 2025 Equity Incentive Plan in line with its non-employee director compensation policy. The underlying shares will vest in 12 equal monthly installments on the last day of each month starting June 30, 2026, contingent on her continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gregoire Sylvie
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 options
Exercise price: $2.91 per share
Underlying shares: 8,150 shares
+2 more
5 metrics
Option grant size
8,150 options
Director grant on June 8, 2026
Exercise price
$2.91 per share
Stock option strike price
Underlying shares
8,150 shares
Common stock underlying the options
Option expiration
June 8, 2036
Option term end date
Post-grant derivative holdings
8,150 options
Total options held following this transaction
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
"granted an option ... 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
"will vest on a monthly basis over a one-year period in substantially equal 1/12th increments"
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 Sylvie Gregoire receive in this Form 4 filing?
Sylvie Gregoire received a stock option grant for 8,150 CervoMed common shares. The options were issued as part of her compensation upon election to the board, giving her the right to buy shares at a fixed exercise price.
What is the exercise price of the CervoMed (CRVO) options granted to Sylvie Gregoire?
The options were granted with an exercise price of $2.91 per share. This means Gregoire can purchase up to 8,150 CervoMed common shares at $2.91 each once they vest, regardless of future market price movements.
How do the CervoMed (CRVO) options granted to Sylvie Gregoire vest over time?
The 8,150 underlying CervoMed shares vest monthly over one year in equal 1/12 increments. Vesting occurs on the last day of each month starting June 30, 2026, and depends on Gregoire’s continued service on the board through each vesting date.
When do the new CervoMed (CRVO) director options granted to Sylvie Gregoire expire?
The stock options granted to Sylvie Gregoire expire on June 8, 2036. She can exercise vested portions of the 8,150-share award any time before that expiration date, subject to plan and company policy conditions.
Under which plan were Sylvie Gregoire’s CervoMed (CRVO) options granted?
The option grant was made under CervoMed’s 2025 Equity Incentive Plan. It was issued according to the company’s non-employee director compensation policy tied to her election to the board at the 2026 Annual Meeting of Stockholders.