Ovid Therapeutics (NASDAQ: OVID) director receives 65,000 stock option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fitzgerald Kevin Joseph reported acquisition or exercise transactions in this Form 4 filing.
Ovid Therapeutics Inc. director Kevin Joseph Fitzgerald reported receiving an employee stock option grant covering 65,000 shares of common stock. The option was awarded on February 26, 2026 and is scheduled to vest in full on February 26, 2027, provided he remains in continuous service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fitzgerald Kevin Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 65,000 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 65,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did OVID report for Kevin Joseph Fitzgerald?
Ovid Therapeutics reported that director Kevin Joseph Fitzgerald received an employee stock option grant for 65,000 shares. The award was made on February 26, 2026 and represents a grant or award acquisition, not an open-market stock purchase or sale.
How many OVID stock options were granted to the director?
The director received an employee stock option covering 65,000 shares of Ovid Therapeutics common stock. This entire amount is reflected as directly owned following the transaction, according to the Form 4 insider filing data provided for the award.
When do Kevin Joseph Fitzgerald’s OVID options vest?
The option is scheduled to vest in full on February 26, 2027. Vesting is conditioned on Kevin Joseph Fitzgerald’s continuous service with Ovid Therapeutics through that date, as disclosed in the footnote to the insider transaction.
Is the OVID insider Form 4 a stock purchase or a grant?
The Form 4 reflects a grant or award acquisition of an employee stock option, not an open-market stock purchase. The transaction code is “A,” indicating a grant, award, or other acquisition of derivative securities linked to Ovid Therapeutics shares.
Does the OVID director have direct ownership of the granted options?
Yes. The filing classifies the 65,000 stock options as directly owned by the reporting person. The ownership type is marked as direct, and there is no indication of indirect ownership through another entity in the provided data.