CervoMed CRVO director and 10% owner increases stake with open-market buys
Rhea-AI Filing Summary
CervoMed Inc. (CRVO) reported insider share purchases by a major holder. A director and 10% owner bought 4,447 shares of common stock on 11/13/2025 at $7.51 per share in open-market transactions. On 11/14/2025, additional purchases included 1,707 shares at a weighted average price of $7.57 through the Sylvie Gregoire Roth IRA and 1,693 shares at a weighted average price of $7.55 through the John J. Alam Roth IRA.
After these transactions, the reporting person beneficially owned 1,471,578 shares of CervoMed common stock directly, with 1,693 shares held indirectly through a spouse's IRA. Some shares are held jointly with the reporting person's spouse, Dr. John Alam, the company's President & Chief Executive Officer and a member of the Board of Directors.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,707 | $7.57 | $13K |
| Purchase | Common Stock | 1,693 | $7.55 | $13K |
| Purchase | Common Stock | 4,447 | $7.51 | $33K |
Footnotes (1)
- Shares purchased in open-market transactions. Shares held jointly by the Reporting Person and his spouse, Dr. John Alam, M.D., the Issuer's President & Chief Executive Officer and a member of the Issuer's Board of Directors. Includes 1,707 shares held by the Sylvie Gregoire Roth IRA. The price reported is a weighted average price. The shares were purchased in open-market transactions at prices ranging from $7.44 to $7.58, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full detail regarding the number of shares purchased at each separate price within such range. Includes 1,693 shares held by the John J. Alam Roth IRA. The price reported is a weighted average price. The shares were purchased in open-market transactions at prices ranging from $7.41 to $7.57, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full detail regarding the number of shares purchased at each separate price within such range.