Nuvalent Board Member Sapna Srivastava Granted Stock Options at $75.53 Strike Price
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Sapna Srivastava of Nuvalent received new equity compensation on June 18, 2025, consisting of:
- 2,647 Restricted Stock Units (RSUs) convertible to Class A Common Stock at $0.00, bringing total direct RSU ownership to 5,146 shares
- 4,147 Stock Options with strike price of $75.53, exercisable until June 18, 2035
Both the RSUs and stock options vest in full on the earlier of June 18, 2026 or the next annual stockholder meeting, contingent on continued service. This grant appears to be part of the company's director compensation program. The filing was submitted through an attorney-in-fact on June 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Srivastava Sapna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 4,147 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 2,647 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 4,147 shares (Direct);
Class A Common Stock — 5,146 shares (Direct)
Footnotes (1)
- Consists of shares of Nuvalent, Inc. Class A Common Stock issuable under restricted stock units ("RSUs"). Each RSU represents the right to receive one share of Nuvalent, Inc. Class A Common Stock. The RSUs vest in full on the earlier of June 18, 2026 or the date of Nuvalent, Inc.'s next annual meeting of stockholders, subject to continued service to Nuvalent, Inc. through the applicable vesting date. The shares underlying this option vest in full on the earlier of June 18, 2026 or the date of Nuvalent, Inc.'s next annual meeting of stockholders, subject to continued service to Nuvalent, Inc. through the applicable vesting date.
FAQ
What insider trading activity occurred at NUVL on June 18, 2025?
Director Sapna Srivastava received 2,647 restricted stock units (RSUs) and 4,147 stock options of NUVL. The RSUs represent the right to receive Class A Common Stock, and the stock options have an exercise price of $75.53.
When do Sapna Srivastava's NUVL stock options and RSUs vest?
Both the RSUs and stock options vest in full on the earlier of June 18, 2026 or the date of Nuvalent's next annual meeting of stockholders, subject to continued service to the company through the applicable vesting date.
What is the exercise price of NUVL stock options granted to Srivastava?
The stock options were granted with an exercise price of $75.53 per share and expire on June 18, 2035.