Inspire Veterinary (IVP): Frank Richard Granted 58,480 Options, Exercisable 04/01/2025
Rhea-AI Filing Summary
Frank Richard, Chief Financial Officer of Inspire Veterinary Partners, Inc. (IVP), acquired 58,480 stock options on 04/01/2025. The options carry a $1.71 exercise price, are exercisable on 04/01/2025 and expire 04/01/2035, each covering one Class A common share. The reported ownership is direct. The Form 4 notes the filing was late due to an inadvertent administrative error and is signed 08/06/2025.
Positive
- 58,480 stock options acquired by the CFO, each exercisable into one Class A common share
- Exercise price disclosed: $1.71 per share with exercisable date 04/01/2025 and expiration 04/01/2035
Negative
- Form 4 was filed late; the filer cites an inadvertent administrative error
- The form reports a price of $0 for the derivative security line as presented in the filing
Insights
TL;DR: CFO acquired 58,480 stock options exercisable immediately at $1.71; routine insider compensation disclosure with a late filing noted.
The filing documents an acquisition of 58,480 stock options by Frank Richard on 04/01/2025 with an exercise price of $1.71, exercisable the same day and expiring 04/01/2035, converting into 58,480 Class A common shares. The transaction is reported as direct ownership and the Form 4 was filed late, with the filer citing an inadvertent administrative error. No earnings or other financial metrics are provided in this filing.
TL;DR: Disclosure shows a direct option grant to the CFO; tardy filing flagged as administrative error.
The document is a Form 4 reporting changes in beneficial ownership for one reporting person, Frank Richard (CFO). It records a grant/acquisition of 58,480 options (right to buy) exercisable 04/01/2025 and expiring 04/01/2035, tied to Class A common stock. The filer explicitly states the Form 4 was filed late due to an inadvertent administrative error and the form bears a signature dated 08/06/2025. This is a compliance item for record-keeping and SEC disclosure timelines.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 58,480 | $0.00 | -- |
Footnotes (1)
FAQ
What transaction did Frank Richard report for IVP?
What are the terms of the options reported in the IVP Form 4?
How is the ownership reported on the Form 4 for IVP?
Was the Form 4 filed on time for IVP insider activity?
Who is the reporting person on this IVP Form 4 and what is their role?