Relmada Therapeutics (RLMD) CEO reports share buys and stock rights
Rhea-AI Filing Summary
Relmada Therapeutics CEO and director Sergio Traversa reported buying 27,500 shares of the company’s common stock in multiple open market transactions at a weighted average price of $4.12 per share, with individual purchase prices ranging from $4.10 to $4.12.
Following these purchases, he beneficially owns 1,300,000 common shares directly. Traversa was also granted 1,198,000 stock appreciation rights with a conversion price of $4.06, each linked to one share of common stock. These rights vest in 16 equal quarterly installments beginning on March 12, 2026 and expire on December 12, 2035, with 1,198,000 derivative securities shown as beneficially owned after the transaction.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 27,500 | $4.12 | $113K |
| Grant/Award | Stock Appreciation Rights | 1,198,000 | $0.00 | -- |
Footnotes (1)
- The number of securities reported represents an aggregate number of shares purchased in multiple open market transactions over a range of purchase prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares purchased by the Reporting Person at each separate price within the range. Purchase prices range from $4.10 to $4.12 per share, inclusive. The stock appreciation rights vest in 16 equal quarterly installments commencing on March 12, 2026.
FAQ
What insider transaction did Relmada Therapeutics (RLMD) report in this filing?
The filing shows that CEO and director Sergio Traversa purchased 27,500 shares of Relmada Therapeutics common stock in open market transactions.
What stock appreciation rights were granted to the Relmada Therapeutics CEO?
The filing reports a grant of 1,198,000 stock appreciation rights with a conversion or exercise price of $4.06, each tied to one share of common stock.
When do the CEO’s Relmada Therapeutics stock appreciation rights vest and expire?
The stock appreciation rights vest in 16 equal quarterly installments starting on March 12, 2026 and have an expiration date of December 12, 2035.
How many derivative securities does the CEO hold after this Relmada Therapeutics transaction?
Following the transaction, the filing lists 1,198,000 derivative securities (stock appreciation rights) as beneficially owned directly by Sergio Traversa.
Is this Relmada Therapeutics (RLMD) report filed by one or multiple insiders?
The document indicates that it is a Form filed by one reporting person, identifying Sergio Traversa as the sole reporting insider.