[Form 4] Minerva Neurosciences, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Minerva Neurosciences Chief Business Officer and General Counsel James Joseph O'Connor received a grant of 350,800 employee stock options for common stock. The options have an exercise price of $6.97 per share and are held directly.
The option award vests 25% on April 21, 2027, with the remaining shares vesting in equal quarterly installments over the following three years, and expires on April 20, 2036. This is a compensation-related grant, not an open-market share purchase or sale, and leaves him holding 350,800 options after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Connor James Joseph
Role
Chief Business Officer and GC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 350,800 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 350,800 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 350,800 options
Exercise price: $6.97 per share
Post-transaction holdings: 350,800 options
+3 more
6 metrics
Options granted
350,800 options
Employee stock option award on April 21, 2026
Exercise price
$6.97 per share
Conversion or exercise price of option grant
Post-transaction holdings
350,800 options
Total options held after the grant
Vesting start
April 21, 2027
25% of the options vest on this date
Vesting remainder
Quarterly over 3 years
Remaining 75% vests in equal quarterly installments
Expiration date
April 20, 2036
Option award expiration
Key Terms
Employee Stock Option (right to buy), conversion or exercise price, expiration date, underlying security, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
conversion or exercise price financial
"conversion_or_exercise_price: 6.9700"
expiration date financial
"expiration_date: 2036-04-20T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
underlying security financial
"underlying_security_title: Common Stock"
vests 25% on April 21, 2027 financial
"The option vests 25% on April 21, 2027 and then quarterly"