[Form 4] enVVeno Medical Corp Insider Trading Activity
Rhea-AI Filing Summary
enVVeno Medical Corp’s chief executive officer and director, Robert A. Berman, reported insider transactions involving both common stock and equity awards. The Form 4 discloses a disposition of 22,236 shares of common stock, and a related filing shows changes in his derivative holdings.
In addition, 200,000 restricted stock units that were granted to him on November 30, 2021 under the company’s Amended and Restated 2016 Omnibus Incentive Plan were voluntarily surrendered and cancelled on December 16, 2025. These units were subject to vesting based on specified performance milestones, which were not achieved, so the unvested awards were given up and no longer provide rights to common shares.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did enVVeno Medical Corp (NVNO) report in this Form 4?
The Form 4 reports that Robert A. Berman, the chief executive officer and a director of enVVeno Medical Corp, disposed of 22,236 shares of common stock and updated his derivative (equity award) holdings.
How many restricted stock units did the enVVeno Medical (NVNO) CEO cancel?
Robert A. Berman voluntarily surrendered and cancelled 200,000 restricted stock units that had previously been granted to him under the company’s Amended and Restated 2016 Omnibus Incentive Plan.
Why were the 200,000 restricted stock units for enVVeno Medical (NVNO) cancelled?
The 200,000 restricted stock units were subject to vesting upon achievement of specified performance milestones. According to the disclosure, those milestones were not achieved, and as a result, Berman agreed to surrender and cancel the unvested units.
When were the cancelled restricted stock units at enVVeno Medical originally granted?
The cancelled restricted stock units were issued to Robert A. Berman on November 30, 2021 pursuant to enVVeno Medical Corp’s Amended and Restated 2016 Omnibus Incentive Plan and a Restricted Stock Unit Agreement.
What was the transaction date for the enVVeno Medical (NVNO) CEO’s RSU cancellation?
The Form 4 shows a transaction date of December 16, 2025 associated with the 200,000 restricted stock units that were surrendered and cancelled.
Does the enVVeno Medical (NVNO) Form 4 show any derivative securities remaining after the RSU cancellation?
After the reported transaction involving the 200,000 restricted stock units, the table of derivative securities lists 0 derivative securities beneficially owned by Robert A. Berman.