Corvus Pharmaceuticals (CRVS) CEO awarded 1,000,000 share stock option
Rhea-AI Filing Summary
Corvus Pharmaceuticals, Inc. reported an insider equity award to its President, CEO and Director, Richard A. Miller. On 12/04/2025 he was granted a stock option to purchase 1,000,000 shares of Corvus common stock at an exercise price of $8.81 per share.
The option expires on 12/04/2035 and the underlying shares vest in equal monthly installments. Specifically, 1/36th of the shares vest each month starting on December 4, 2025, as long as he continues his service relationship with the company. Following this grant, he directly holds 1,000,000 derivative securities in the form of stock options.
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FAQ
What insider transaction did Corvus Pharmaceuticals (CRVS) report for Richard A. Miller?
Corvus Pharmaceuticals reported that its President, CEO and Director, Richard A. Miller, received a stock option grant on 12/04/2025 covering 1,000,000 shares of common stock.
What is the exercise price of the new Corvus Pharmaceuticals stock options?
The stock options granted to Richard A. Miller have an exercise price of $8.81 per share for the underlying Corvus Pharmaceuticals common stock.
How do the 1,000,000 Corvus Pharmaceuticals stock options vest?
The underlying shares vest and become exercisable as to 1/36th of the shares in successive, equal monthly installments starting on December 4, 2025, subject to Richard A. Miller’s continued service.
When do Richard A. Miller’s Corvus Pharmaceuticals stock options expire?
The stock options granted on 12/04/2025 are scheduled to expire on 12/04/2035, giving a ten-year term from the grant date.
How many Corvus Pharmaceuticals derivative securities does Richard A. Miller hold after this grant?
After the reported transaction, Richard A. Miller beneficially owns 1,000,000 derivative securities in the form of stock options, held with direct ownership.
What role does Richard A. Miller hold at Corvus Pharmaceuticals (CRVS)?
Richard A. Miller is identified as a Director and as an Officer of Corvus Pharmaceuticals, serving as President and CEO.