Inotiv (NOTV) EVP receives 10,000 stock options at $0.5956 strike
Rhea-AI Filing Summary
Inotiv, Inc. reported that executive Andrea Castetter, EVP, General Counsel & Secretary, received a grant of 10,000 employee stock options. The options have an exercise price of $0.5956 per share and were awarded as a non-qualified stock option grant. According to the filing, the options vest over three years on a 40% / 30% / 30% schedule beginning on the first anniversary of the January 15, 2026 grant date, contingent on continued employment. After the grant, Castetter beneficially owns 10,000 stock options directly, and the options are scheduled to expire on January 15, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 10,000 | $0.00 | -- |
Footnotes (1)
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FAQ
What insider transaction did Inotiv (NOTV) report in this Form 4?
The Form 4 reports that executive Andrea Castetter received a grant of 10,000 non-qualified employee stock options for Inotiv common stock.
Who is the reporting person in this Inotiv (NOTV) Form 4 filing?
The reporting person is Andrea Castetter, who serves as Inotiv's EVP, General Counsel & Secretary.
What are the key terms of the 10,000 stock options granted at Inotiv (NOTV)?
The grant consists of 10,000 employee stock options with an exercise price of $0.5956 per share, expiring on January 15, 2036, and held directly by the executive.
How do the Inotiv (NOTV) options granted to Andrea Castetter vest?
The non-qualified options vest over three years on a 40% / 30% / 30% schedule, beginning on the first anniversary of the January 15, 2026 grant date, subject to continued employment.
How many Inotiv (NOTV) derivative securities does the executive hold after this transaction?
Following this grant, Andrea Castetter beneficially owns 10,000 employee stock options directly, as reported in the filing.
Is this Inotiv (NOTV) Form 4 transaction a purchase or a grant?
The transaction is reported with code "A" and represents a grant of non-qualified employee stock options to the executive, not an open-market purchase.