OPRX Form 4: Theresa Greco Receives RSUs and $16.14 Options
Rhea-AI Filing Summary
OptimizeRx Chief Commercial Officer Theresa Greco reported awards on Form 4 consisting of 15,625 restricted stock units and a stock option for 35,156 shares granted on 08/21/2025. The restricted stock units are a contingent right to receive common stock and will vest in three equal annual installments beginning on August 21, 2026. The stock option has an exercise price of $16.14, vests in three equal annual installments beginning August 21, 2026, is exercisable from 08/21/2026, and expires on 08/21/2030. Following the grant, Ms. Greco beneficially owns 75,981 shares of common stock and 35,156 option shares exercisable.
Positive
- 15,625 restricted stock units granted on 08/21/2025
- 35,156 stock option shares granted with a $16.14 exercise price
- Clear vesting schedule: both awards vest in three equal annual installments beginning 08/21/2026
Negative
- None.
Insights
TL;DR: Insider received equity awards (RSUs and options) with multi-year vesting, a routine retention/compensation action for an executive.
The Form 4 documents grants made to the Chief Commercial Officer on 08/21/2025: 15,625 restricted stock units and an option for 35,156 shares at a $16.14 exercise price. Both awards vest in three equal annual installments beginning on 08/21/2026. Such awards are customary for aligning executive compensation with long-term shareholder value and retention, though the filing does not disclose grant rationale or total outstanding dilution. Impact on existing shareholders depends on future exercises and actual share settlement of RSUs.
TL;DR: Form 4 correctly reports the insider grant and vesting details; no regulatory issues disclosed in the filing.
The filing furnishes the required Section 16 disclosure: transaction date, security types, amounts, price, and post-transaction beneficial ownership. It notes vesting schedules for both RSUs and options and includes the filer’s signature by power of attorney. The document contains the standard reservation that the filer does not necessarily admit beneficial ownership for Section 16 purposes. There are no amendments or corrective disclosures in this form.