Nuvectis Pharma director gets 35,000 share grant
Sanchez Juan reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Sanchez Juan reported acquisition or exercise transactions in this Form 4 filing.
Nuvectis Pharma director Juan Sanchez received a grant of 35,000 shares of restricted common stock at no cost. The award 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 Board of Directors.
After this grant, Sanchez holds 113,380 common shares directly and 415 shares indirectly as custodian for his son. The filing also notes that his current holdings include 230 restricted shares that had been inadvertently omitted from his earlier Form 3.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 35,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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 Dr. Sanchez's continued service on the Company's Board of Directors on such dates.
- F2. Includes 230 shares of restricted common stock that were inadvertently omitted from the initial holdings on Dr Sanchez's Form 3, filed on October 31, 2025.
Key Figures
Key Terms
restricted common stock financial
vest financial
Board of Directors financial
Form 3 regulatory
indirect ownership financial
FAQ
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What did Nuvectis Pharma (NVCT) director Juan Sanchez report in this Form 4?
What clarification does the NVCT Form 4 give about Juan Sanchez’s earlier Form 3?
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