CervoMed grants director option for 8,150 shares
CervoMed Inc. reported that director Jeffrey V. Poulton received a stock option award tied to his election to the board.
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Rhea-AI Filing Summary
CervoMed Inc. reported that director Jeffrey V. Poulton received a stock option award tied to his election to the board. On June 8, 2026, he was granted options to purchase 8,150 shares of CervoMed common stock at an exercise price of $2.91 per share.
The award was granted under CervoMed’s 2025 Equity Incentive Plan pursuant to its non-employee director compensation policy. The underlying shares vest in substantially equal monthly installments over one year, with 1/12 of the award vesting on the last day of each month beginning on June 30, 2026, subject to his continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 8,150 | $0.00 | $0.00 |
Footnotes (1)
- F1. On June 8, 2026, in connection with the Reporting Person's election to the Issuer's board of directors at its 2026 Annual Meeting of Stockholders, the Reporting Person was granted an option to purchase 8,150 shares of the Issuer's common stock under the Issuer's 2025 Equity Incentive Plan in accordance with the terms of the Issuer's non-employee director compensation policy. The shares of common stock underlying the award will vest on a monthly basis over a one-year period in substantially equal 1/12th increments on the last day of each month beginning on June 30, 2026, subject to the Reporting Person's continued service through the applicable vesting date.
Key Figures
Key Terms
2025 Equity Incentive Plan financial
non-employee director compensation policy financial
stock option financial
vesting financial
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