Ovid Therapeutics (ticker: OVID) grants CFO 50,000 RSUs vesting 2027-2028
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carter Charles Ross reported acquisition or exercise transactions in this Form 4 filing.
Ovid Therapeutics Inc. reported that Chief Financial Officer Charles Ross received a grant of 50,000 restricted stock units (RSUs) of common stock on July 6, 2026 as equity compensation. Each RSU represents a contingent right to receive one share of common stock at no purchase price.
The RSUs will vest in two equal annual installments beginning on July 6, 2027, subject to Ross’s continuous service through each vesting date. Following this award, Ross directly holds 94,375 shares of Ovid common stock, reflecting his equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carter Charles Ross
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 94,375 shares (Direct)
Footnotes (1)
- Represents a restricted stock unit ("RSU") award. The RSUs will vest in two equal annual installments commencing on July 6, 2027, subject to the Reporting Person's continuous service through each such vesting date. Each RSU represents a contingent right to receive one share of Common Stock.
Key Figures
RSU award size: 50,000 RSUs
Vesting schedule: Two equal annual installments
Price per RSU: $0.00 per share
+1 more
4 metrics
RSU award size
50,000 RSUs
Grant to CFO on July 6, 2026
Vesting schedule
Two equal annual installments
Commencing July 6, 2027
Price per RSU
$0.00 per share
Equity compensation grant
Shares held after grant
94,375 shares
CFO direct common stock ownership following award
Key Terms
restricted stock unit ("RSU"), contingent right, continuous service
3 terms
restricted stock unit ("RSU") financial
"Represents a restricted stock unit ("RSU") award."
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
continuous service financial
"subject to the Reporting Person's continuous service through each such vesting date."
FAQ
What did Ovid Therapeutics (OVID) disclose about its CFO’s recent equity award?
Ovid Therapeutics disclosed that CFO Charles Ross received 50,000 restricted stock units on July 6, 2026. These RSUs are equity compensation and each unit represents a contingent right to receive one share of Ovid common stock at no purchase price.
How do the CFO’s 50,000 OVID RSUs vest over time?
The 50,000 RSUs granted to Ovid’s CFO vest in two equal annual installments starting July 6, 2027. Vesting is conditioned on Charles Ross maintaining continuous service with the company through each applicable vesting date.
What does each RSU granted to the OVID CFO represent?
Each RSU granted to Ovid’s CFO represents a contingent right to receive one share of Ovid common stock. The shares are delivered as the RSUs vest and do not require Ross to pay a purchase price per share.