Grace Therapeutics awards director 12,200 options

A Grace Therapeutics director received 12,200 stock options with a $2.13 exercise price, vesting over one year.

Rhea-AI Filing Summary

Grace Therapeutics, Inc. (GRCE) reported that director Kavuru Vimal received a grant of stock options for 12,200 shares of common stock on September 17, 2026. The options carry an exercise price of $2.13 per share and expire on September 16, 2036.

According to the grant terms, 50% of the options vest immediately on the grant date, with the remaining 50% vesting in substantially equal monthly installments over a 12-month period, subject to Mr. Vimal’s continuous service. Following this award, he holds 12,200 options directly.

Insider Trade Summary

Grant/Award: 12,200 shares

Grant/Award 1 txn

Insider Kavuru Vimal

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy) F1	12,200	$0.00	$0.00

Holdings After Transaction: Stock Option (Right to Buy) — 12,200 contracts (Direct)

Footnotes (1)

1. F1. 50% of this option vests on the date of grant and the remaining 50% vests in substantially equal monthly installments over a 12-month period, subject to the Reporting Person's continuous service as of each vesting date.

Key Figures

Stock options granted: 12,200 options Exercise price: $2.13 per share Options held after grant: 12,200 options +3 more

6 metrics

Stock options granted 12,200 options Awarded to director Kavuru Vimal on September 17, 2026

Exercise price $2.13 per share Exercise price for stock options granted on September 17, 2026

Options held after grant 12,200 options Director’s direct holdings of options following the reported grant

Option expiration date September 16, 2036 Expiration of stock options granted to the director

Immediate vesting portion 50% of options Vests on the date of grant, subject to continuous service

Monthly vesting period 12 months Remaining 50% vests in substantially equal monthly installments

Key Terms

stock option, exercise price, vesting, continuous service

4 terms

stock option financial

"Stock Option (Right to Buy)"

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

exercise price financial

"The options carry an exercise price of $2.13 per share"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"50% of this option vests on the date of grant and the remaining 50% vests"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

continuous service financial

"subject to the Reporting Person's continuous service as of each vesting date"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity award did Grace Therapeutics (GRCE) grant to director Kavuru Vimal?

Grace Therapeutics granted 12,200 stock options to director Kavuru Vimal on September 17, 2026, each exercisable for one share of common stock at an exercise price of $2.13 per share and expiring on September 16, 2036.

How do the new GRCE stock options for Kavuru Vimal vest?

The filing states that 50% of the options vest on the grant date and the remaining 50% vest in substantially equal monthly installments over a 12-month period, conditioned on the director’s continuous service on each vesting date.

What is the exercise price of the new Grace Therapeutics (GRCE) options granted to the director?

The options granted to the director are exercisable at an exercise price of $2.13 per share of Grace Therapeutics common stock.

When do the GRCE stock options granted to Kavuru Vimal expire?

The stock options granted to Kavuru Vimal are scheduled to expire on September 16, 2036, if not exercised or forfeited earlier under their terms.

Were the new GRCE option grants to the director made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported in connection with this option grant.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/21/2026 - 04:15 PM Accepted by SEC EDGAR 09/21/2026 - 04:15 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kavuru Vimal

(Last) (First) (Middle)

C/O GRACE THERAPEUTICS, INC.

103 CARNEGIE CENTER, SUITE 300

(Street)

PRINCETON NEW JERSEY 08540

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Grace Therapeutics, Inc. [ GRCE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$2.13	09/17/2026		A		12,200		(1)	09/16/2036	Common Stock	12,200	$0	12,200	D

Explanation of Responses:

1. 50% of this option vests on the date of grant and the remaining 50% vests in substantially equal monthly installments over a 12-month period, subject to the Reporting Person's continuous service as of each vesting date.

	/s/ Robert DelAversano as attorney-in-fact for Vimal Kavuru	09/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)