Enveric (ENVB) awards director Marcus Schabacker 18,518 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schabacker Marcus reported acquisition or exercise transactions in this Form 4 filing.
Enveric Biosciences director Marcus Schabacker received a grant of 18,518 shares of restricted common stock under the company’s 2020 Long-Term Incentive Plan. The grant was awarded at no cash cost to him and will vest according to the plan and his award agreement. After this grant, he directly holds 26,418 shares of Enveric common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schabacker Marcus
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,518 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,418 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 18,518 shares
Grant price per share: $0.0000 per share
Shares held after grant: 26,418 shares
+1 more
4 metrics
Restricted shares granted
18,518 shares
Restricted stock award on 2026-06-01
Grant price per share
$0.0000 per share
Stated price for restricted stock grant
Shares held after grant
26,418 shares
Total direct common stock holdings after transaction
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
restricted stock, 2020 Long-Term Incentive Plan, restricted stock award agreement, Grant, award, or other acquisition
4 terms
restricted stock financial
"Represents restricted stock granted to the reporting person pursuant to the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2020 Long-Term Incentive Plan financial
"pursuant to the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan, as amended"
restricted stock award agreement financial
"shall vest in accordance with the terms and conditions of the Plan and the reporting person's restricted stock award agreement"
A restricted stock award agreement is a legal contract that grants someone company shares that are subject to limits — for example, they may only become fully owned after working at the company for a set time, meeting performance goals, or otherwise satisfying conditions. For investors, these agreements matter because they shape insider incentives, future share dilution when restrictions lift, and company compensation costs; think of it like a gift locked in a box that opens only after certain conditions are met.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Enveric Biosciences (ENVB) report for Marcus Schabacker?
Enveric Biosciences reported that director Marcus Schabacker received 18,518 shares of restricted common stock. The shares were granted under the 2020 Long-Term Incentive Plan and will vest based on the plan and his award agreement.
Was cash paid for the Enveric Biosciences (ENVB) restricted stock granted to Marcus Schabacker?
No cash changed hands for this grant; the 18,518 restricted shares were awarded at a stated price of $0.0000 per share. This indicates a compensation-related equity award rather than an open-market stock purchase.
Under what plan was the Enveric Biosciences (ENVB) restricted stock granted to Marcus Schabacker?
The 18,518 restricted shares were granted under the Enveric Biosciences, Inc. 2020 Long-Term Incentive Plan, as amended. Vesting will follow the plan’s provisions and the specific restricted stock award agreement.
What does a restricted stock grant mean for an Enveric Biosciences (ENVB) director?
A restricted stock grant gives the director shares that vest over time or on conditions. For Marcus Schabacker, 18,518 restricted shares were granted and will vest per the 2020 Long-Term Incentive Plan and his award agreement.