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.