Nuvectis director granted 35,000 restricted shares
Oliviero James F III reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Oliviero James F III reported acquisition or exercise transactions in this Form 4 filing.
Nuvectis Pharma director James F. Oliviero III received a grant of 35,000 shares of restricted common stock. These shares were awarded at no cash cost to him and are part of his equity compensation.
The restricted stock will vest in equal annual installments over three years, starting on the first anniversary of the grant date, as long as he continues serving on the company’s Board of Directors. Following this grant, he holds a total of 122,828 shares of Nuvectis Pharma common stock, including restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The 35,000 shares of restricted common stock will vest in equal annual installments over three years beginning on the first anniversary of the grant date subject to Mr. Oliviero's continued service on the Company's Board of Directors on such dates.
- F2. Includes shares of restricted common stock.
Key Figures
Key Terms
restricted common stock financial
vest financial
Board of Directors financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nuvectis Pharma (NVCT) director James F. Oliviero III receive in this Form 4?
What are James F. Oliviero III’s total Nuvectis Pharma (NVCT) holdings after this grant?
Is the Nuvectis Pharma (NVCT) Form 4 transaction a market purchase or sale?
What conditions apply to the restricted stock granted to the Nuvectis Pharma (NVCT) director?
AI-generated analysis. How Rhea-AI works. Not financial advice.