CRVS Form 4: 30,000 Stock Options Issued to Director at $7.04
Rhea-AI Filing Summary
Corvus Pharmaceuticals, Inc. (CRVS) reported an insider equity transaction by Director David Scott Moore on 10/02/2025. The filing discloses an award of 30,000 stock options with an exercise price of $7.04. The options vest in three equal annual installments (one-third each year) beginning on 10/02/2025 and expire on 10/02/2035 subject to the reporting person’s continued service. The Form 4 was signed on 10/06/2025 by an attorney-in-fact on behalf of the reporting person.
Positive
- Director equity award: 30,000 options align a board member’s interests with shareholders
- Multi-year vesting: vesting over three years supports retention through 10/02/2027
Negative
- Potential dilution: exercise of 30,000 options would increase share count if exercised
- Exercise price locked: options priced at $7.04 may have limited upside if market remains below that level
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore David Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 30,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,000 shares (Direct)
Footnotes (1)
- F1. The underlying shares subject to the option vest and become exercisable as to one-third (1/3rd) of the shares subject to the option on each annual anniversary measured from October 2, 2025, subject to Reporting Person's continued service relationship with the Issuer on each such vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Corvus Pharmaceuticals (CRVS) report on the Form 4?
Director David Scott Moore was granted 30,000 stock options with an exercise price of $7.04 on 10/02/2025.
When do the options granted to David Scott Moore vest?
The options vest in three equal annual installments, with one-third vesting on each anniversary beginning 10/02/2025.
What is the expiration date of the options reported for CRVS?
The options expire on 10/02/2035.
Who filed the Form 4 for David Scott Moore?
The Form 4 was signed by Leiv Lea, as Attorney-in-Fact for David Scott Moore on 10/06/2025.