Petros Pharmaceuticals grants 500,000 RSUs to senior executive
Petros Pharmaceuticals, Inc. reported an equity grant to one of its senior executives.
Rhea-AI Filing Summary
Petros Pharmaceuticals, Inc. reported an equity grant to one of its senior executives. Officer Fady Boctor, who serves as President & Chief Commercial Officer, received 500,000 restricted stock units (RSUs) of Petros common stock on 01/02/2026 at a stated price of $0 per unit.
According to the terms, 50% of these RSUs vested on the grant date, and the remaining 50% will vest on the six‑month anniversary of the grant date if he is still providing services to the company. Each RSU gives the right to receive one share of common stock. After this grant, Boctor beneficially owned 519,986 shares of Petros common stock, with amounts adjusted for the company’s 1‑for‑25 reverse stock split that became effective at 4:05 p.m. New York time on April 30, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 500,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents Restricted Stock Units ("RSUs"). 50% of the RSUs vested on the date of grant and the remaining 50% will vest on the six month anniversary of the date of grant, provided that the Reporting Person is providing services to the Issuer on such vesting date. Each RSU represents the right to receive one share of common stock, par value $0.0001 per share (the "Common Stock"), of the Issuer.
- F2. Amounts adjusted for the Issuer's 1-for-25 reverse stock split of the Issuer's Common Stock, effective as of 4:05 p.m. (New York time) on April 30, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Petros Pharmaceuticals (PTPI) report in this Form 4?
How do the 500,000 RSUs granted to Fady Boctor at Petros Pharmaceuticals (PTPI) vest?
What does each RSU granted by Petros Pharmaceuticals (PTPI) to Fady Boctor represent?
What reverse stock split did Petros Pharmaceuticals (PTPI) disclose in connection with this Form 4?
What is Fady Boctor’s role at Petros Pharmaceuticals (PTPI) as noted in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.