Reviva (NASDAQ: RVPH) CFO granted 40,925 stock options under 2020 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
REVIVA PHARMACEUTICALS HOLDINGS, INC. Chief Financial Officer Prabhu Narayan received a grant of stock options covering 40,925 shares of common stock on the grant date of March 18, 2026. These options have an exercise price of $1.87 per share and expire on March 17, 2036.
The award vests over time under the company’s 2020 Equity Incentive Plan. Of the total, 12,789 option shares vested immediately on the grant date, while the remaining 28,136 shares will vest in equal monthly installments from April 2026 through December 2028, encouraging long-term alignment with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Prabhu Narayan
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 40,925 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 40,925 shares (Direct)
Footnotes (1)
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FAQ
What did RVPH CFO Prabhu Narayan report in this Form 4 filing?
CFO Prabhu Narayan reported receiving a grant of stock options for 40,925 shares of Reviva Pharmaceuticals common stock. The grant is part of the 2020 Equity Incentive Plan, with a portion vested immediately and the rest vesting monthly through December 2028.
What are the key terms of Prabhu Narayan’s RVPH stock option grant?
The stock option covers 40,925 shares at an exercise price of $1.87 per share and expires on March 17, 2036. It was granted under Reviva’s 2020 Equity Incentive Plan as compensation, not as an open-market purchase or sale of shares.
How do the RVPH stock options granted to the CFO vest over time?
Of the 40,925 options, 12,789 vested immediately on the March 18, 2026 grant date. The remaining 28,136 options will vest in equal installments on the last day of each month from April 2026 through December 2028, creating a multi-year vesting schedule.
How many RVPH stock options does the CFO hold after this transaction?
After the reported grant, CFO Prabhu Narayan holds 40,925 stock options directly, according to the filing. These options relate to Reviva Pharmaceuticals common stock and are subject to the vesting schedule and expiration terms disclosed for this specific award.
What plan governs the RVPH stock option grant to the CFO?
The grant was made under Reviva Pharmaceuticals’ 2020 Equity Incentive Plan. The plan sets terms such as using the grant date closing stock price for the $1.87 exercise price and establishing the immediate and monthly vesting schedule through December 2028 for this option award.