Ovid Therapeutics (NASDAQ: OVID) grants director Anna Greka 130,000 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ovid Therapeutics Inc. director Anna Greka received a grant of stock options covering 130,000 shares of common stock. The options have an exercise price of $2.26 per share and expire on June 14, 2036.
According to the grant terms, the 130,000 underlying shares vest in 36 equal monthly installments starting on July 15, 2026, contingent on her continued service with the company through each vesting date. This is a compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Greka Anna
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 130,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 130,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock options granted: 130,000 options
Exercise price: $2.26 per share
Underlying shares: 130,000 shares
+2 more
5 metrics
Stock options granted
130,000 options
Grant to director Anna Greka
Exercise price
$2.26 per share
Stock option strike price
Underlying shares
130,000 shares
Common stock underlying the options
Option expiration
June 14, 2036
Option term end date
Vesting schedule
36 monthly installments
Commencing July 15, 2026
Key Terms
Stock Option (right to buy), exercise price, expiration date, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
exercise price financial
"conversion_or_exercise_price: 2.2600"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2036-06-14T00:00:00.000Z"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vesting financial
"will vest in 36 equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
underlying security financial
"underlying_security_title: Common Stock"
FAQ
What insider transaction did OVID director Anna Greka report?
Director Anna Greka reported receiving a grant of stock options for 130,000 Ovid Therapeutics common shares. This award is a compensation-related acquisition, not an open-market trade, and gives her the right to buy shares at a fixed exercise price over time.
What is the exercise price of Anna Greka’s OVID stock options?
The granted stock options have an exercise price of $2.26 per share. This means she can buy up to 130,000 Ovid Therapeutics common shares at $2.26, subject to vesting and before the options expire on June 14, 2036.
How do the 130,000 OVID stock options granted to Anna Greka vest?
The 130,000 stock options vest in 36 equal monthly installments beginning July 15, 2026. Each month, a portion becomes exercisable, provided Anna Greka continues to provide services to Ovid Therapeutics through each respective vesting date.
When do Anna Greka’s OVID stock options expire?
The stock options granted to Anna Greka expire on June 14, 2036. She may exercise vested options any time before this expiration date, subject to the plan’s terms and her continued eligibility under Ovid Therapeutics’ equity arrangements.
Is Anna Greka’s Form 4 filing for OVID a stock purchase or sale?
The Form 4 reflects a grant of stock options, not a market purchase or sale. The transaction code A indicates a grant or award, giving her rights to acquire Ovid Therapeutics shares in the future at a fixed exercise price.