Ovid Therapeutics (OVID) insider prepares new stock sale after recent August trades
Rhea-AI Filing Summary
Ovid Therapeutics Inc. (symbol OVID) has an affiliated stockholder, Jeffrey A. Rona, filing a notice of proposed sale under Rule 144 for up to 325,000 shares of common stock, expected around 08/24/2026, to be effected through Morgan Stanley following a stock option exercise for cash.
The common stock has 195,297,857 shares outstanding. In the prior three months, Jeffrey A. Rona reported Rule 144 sales of common stock on 08/17/2026, 08/18/2026, and 08/19/2026 at disclosed share amounts and dollar values.
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Key Figures
Shares to be sold under Rule 144: 325,000 shares
Aggregate market value of proposed sale: $910,000
Shares outstanding: 195,297,857 shares
+3 more
6 metrics
Shares to be sold under Rule 144
325,000 shares
Proposed sale of Ovid Therapeutics Inc. common stock around 08/24/2026
Aggregate market value of proposed sale
$910,000
Aggregate market value for 325,000 shares covered by the Rule 144 notice
Shares outstanding
195,297,857 shares
Ovid Therapeutics Inc. common stock shares outstanding as stated in the filing
Sale on 08/17/2026
52,532 shares; $149,978.86
Jeffrey A. Rona sale of Ovid common stock during past three months
Sale on 08/18/2026
60,000 shares; $169,800.00
Jeffrey A. Rona sale of Ovid common stock during past three months
Sale on 08/19/2026
37,468 shares; $108,657.20
Jeffrey A. Rona sale of Ovid common stock during past three months
Key Terms
Rule 144, Affiliated Stockholder, Stock Option Exercise
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Affiliated Stockholder financial
"Affiliated Stockholder 144: Securities Information"
Stock Option Exercise financial
"Common Stock | 08/24/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
FAQ
What does the Form 144 filing disclose for OVID Therapeutics Inc. (OVID)?
It discloses that Jeffrey A. Rona, an affiliated stockholder, has filed a Rule 144 notice to potentially sell up to 325,000 shares of Ovid Therapeutics Inc. common stock, expected around 08/24/2026, in connection with a stock option exercise for cash through Morgan Stanley.
What OVID stock sales has Jeffrey A. Rona reported in the past three months?
The filing lists three prior sales of Ovid common stock: 52,532 shares for $149,978.86 on 08/17/2026, 60,000 shares for $169,800.00 on 08/18/2026, and 37,468 shares for $108,657.20 on 08/19/2026.
Through which broker is the proposed OVID Rule 144 sale expected to be executed?
The proposed sale of up to 325,000 shares of Ovid Therapeutics Inc. common stock is listed as being through Morgan Stanley, with the broker identified at its 1585 Broadway, New York address in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.