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Eventide (OVID) discloses 12.8M-share, 7.3% position in Ovid Therapeutics

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Ovid Therapeutics ownership filing reports that Eventide Asset Management, LLC and related filers disclose a 12,773,577-share position in Ovid's common stock, representing 7.3% of outstanding shares as of March 31, 2026. The filing states Eventide holds these shares as investment adviser to the Eventide Healthcare & Life Sciences Fund.

The statement is filed on behalf of Eventide, Finny Kuruvilla, M.D., Ph.D., and Robin C. John and includes the Rule 13d-4 disclaimer that the individual filers disclaim beneficial ownership. The filing is a passive ownership disclosure under Schedule 13G.

Positive

  • None.

Negative

  • None.

Insights

Institutional fund reports a 7.3% stake in Ovid Therapeutics (12.8M shares).

Eventide Asset Management, as investment adviser to the Eventide Healthcare & Life Sciences Fund, is shown as the beneficial owner of 12,773,577 shares, equal to 7.3% of outstanding common stock as of March 31, 2026. The filing is a Schedule 13G passive ownership disclosure.

Ownership is disclosed jointly with two named individuals who disclaim beneficial ownership per Rule 13d-4. Subsequent filings would show changes if Eventide adjusts its position.

Filing follows Rule 13d-4 passive reporting and includes standard disclaimers.

The statement identifies the issuer, CUSIP 690469101, and provides issuer address and filer addresses. It specifies voting and dispositive power allocations: Eventide holds sole voting/dispositive power, while Kuruvilla and John report shared voting/dispositive power.

This filing documents a >5% position triggering Schedule 13G reporting; any material change in ownership or intent would require amendment or different form.

Shares owned 12,773,577 shares Beneficial ownership by Eventide Healthcare & Life Sciences Fund as of March 31, 2026
Percent of class 7.3% Percent of outstanding common stock as of March 31, 2026
CUSIP 690469101 Issuer's CUSIP for the common stock reported in the Schedule 13G
Schedule 13G regulatory
"Item 1. | (a) | Name of issuer: Ovid Therapeutics Inc."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Rule 13d-4 disclaimer regulatory
"In accordance with Rule 13d-4 of the Securities Exchange Act of 1934, each of the persons filing this statement expressly disclaim the beneficial ownership"
beneficial owner financial
"As of March 31, 2026, Eventide Asset Management, LLC ... is the beneficial owner of 12,773,577 shares"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
investment adviser regulatory
"by virtue of being the investment adviser to Eventide Healthcare & Life Sciences Fund"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.





690469101

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Eventide Asset Management, LLC
Signature:/s/ Peter J. Luiso
Name/Title:Peter J. Luiso, General Counsel
Date:05/15/2026
Finny Kuruvilla, M.D., Ph. D.
Signature:/s/ Finny Kuruvilla, M.D., Ph. D.
Name/Title:Finny Kuruvilla, M.D., Ph. D.
Date:05/15/2026
Robin C. John
Signature:/s/ Robin C. John
Name/Title:Robin C. John
Date:05/15/2026
Exhibit Information

EXHIBIT 1 - Filed Herewith

FAQ

What stake does Eventide report in OVID?

Eventide reports beneficial ownership of 12,773,577 shares, equal to 7.3% of Ovid's outstanding common stock as of March 31, 2026. The shares are held through the Eventide Healthcare & Life Sciences Fund, for which Eventide is adviser.

Who filed the Schedule 13G for OVID?

The filing was made by Eventide Asset Management, LLC and two associated persons, Finny Kuruvilla, M.D., Ph.D. and Robin C. John, listing Eventide as the investment adviser and providing its Boston address.

Does the filing claim individual beneficial ownership?

No; the filing includes a Rule 13d-4 disclaimer. It states that the named individuals expressly disclaim beneficial ownership of the securities covered by the statement.

What voting or dispositive powers are disclosed?

The filing shows Eventide with sole voting and sole dispositive power for 12,773,577 shares, while Kuruvilla and John are reported with shared voting and shared dispositive power over the same 12,773,577 shares.

What date is the ownership figure measured?

The ownership amount and percentage are stated as of March 31, 2026. The Schedule 13G discloses the fund's holdings on that specific date, triggering the >5% reporting requirement.