CervoMed CEO spouse granted 75,000 stock options
CervoMed Inc. reported an indirect insider award linked to director and 10% owner Sylvie Gregoire.
Rhea-AI Filing Summary
CervoMed Inc. reported an indirect insider award linked to director and 10% owner Sylvie Gregoire. A derivative position of 75,000 stock options with a $4.80 exercise price was granted on February 11, 2026 to her spouse, John Alam, the company’s President & Chief Executive Officer.
The options relate to 75,000 shares of common stock and were reported at a cost of $0 for the derivative itself, with 75,000 derivative securities beneficially owned after the transaction as indirect ownership "By Spouse." The filing states that Gregoire disclaims beneficial ownership. The underlying shares will vest in 36 monthly installments beginning February 28, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 75,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Consists of an option to purchase shares of common stock granted to John Alam, M.D., the Reporting Person's spouse and the President & Chief Executive Officer of the Issuer and a member of its Board of Directors. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F2. The shares of common stock underlying the award will vest in 36 equal (or as near equal as possible) monthly installments on the last calendar day of each month over a 36-month period commencing February 28, 2026.
FAQ
What insider transaction did CervoMed (CRVO) disclose in this Form 4?
Who is the reporting person in the CervoMed (CRVO) Form 4 filing?
How many CervoMed (CRVO) stock options were granted and at what price?
How do the CervoMed (CRVO) options granted to the CEO’s spouse vest?
Does Sylvie Gregoire claim beneficial ownership of the CervoMed (CRVO) options?
What type of transaction code is used in the CervoMed (CRVO) Form 4?
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