Ovid Therapeutics (OVID) director granted 65,000-share option award

Rhea-AI Filing Summary

Friedman Bart reported acquisition or exercise transactions in this Form 4 filing.

Ovid Therapeutics Inc. director Bart Friedman reported receiving an equity award in the form of an employee stock option covering 65,000 shares. The option was granted at no cost on February 26, 2026 and will vest in full on February 26, 2027, provided he remains in continuous service through that date.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Friedman Bart

(Last) (First) (Middle)

C/O OVID THERAPEUTICS INC.

441 NINTH AVENUE

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ovid Therapeutics Inc. [ OVID ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$1.65	02/26/2026		A		65,000		(1)	02/25/2036	Common Stock	65,000	$0	65,000	D

Explanation of Responses:

1. The option will vest in full on February 26, 2027, subject to the Reporting Person's continuous service through such vesting date.

	/s/ Jeffrey Rona, Attorney-in-Fact	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Ovid Therapeutics (OVID) director Bart Friedman report?

Bart Friedman reported receiving an employee stock option grant for 65,000 shares of Ovid Therapeutics Inc. The option was awarded on February 26, 2026 as equity compensation and represents a new derivative security position reported on Form 4.

When do Bart Friedmans Ovid Therapeutics (OVID) stock options vest?

The reported employee stock option will vest in full on February 26, 2027. Vesting is conditioned on Bart Friedmans continuous service with Ovid Therapeutics Inc. through that date, meaning he must remain in his role for the award to fully vest.

How many Ovid Therapeutics (OVID) shares are covered by Bart Friedmans option grant?

The employee stock option grant reported by director Bart Friedman covers 65,000 shares of Ovid Therapeutics Inc. Following this grant, his reported derivative holdings from this option position total 65,000 shares, according to the Form 4 insider filing data.

Did Bart Friedman pay a purchase price for the Ovid Therapeutics (OVID) option grant?

The Form 4 data show the employee stock option grant of 65,000 shares was awarded at a per-share transaction price of 0.0000. This indicates the grant itself did not require a cash payment at the time it was awarded as compensation.

What type of security did Ovid Therapeutics (OVID) director Bart Friedman receive?

Bart Friedman received an "Employee Stock Option (Right to Buy)" security, classified as a derivative instrument. This option gives him the right to purchase Ovid Therapeutics Inc. shares in the future, subject to the vesting condition through February 26, 2027.