Trevi Therapeutics (TRVI) CSO awarded stock options on 85,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trevi Therapeutics, Inc. reported that its Chief Scientific Officer, Thomas Sciascia, received a grant of stock options covering 85,000 shares of common stock. The options were awarded at an exercise price of $0.00 per share, reflecting a compensatory grant rather than an open-market purchase. According to the filing, these 85,000 underlying shares are scheduled to vest in equal monthly installments through February 19, 2030, and the vesting is conditioned on his continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCIASCIA THOMAS
Role
Chief Scientific Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 85,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 85,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Trevi Therapeutics (TRVI) report for Thomas Sciascia?
Trevi Therapeutics reported that Chief Scientific Officer Thomas Sciascia received a grant of stock options for 85,000 shares of common stock. The options represent a compensatory award rather than an open-market buy or sell transaction.
What is the vesting schedule for the 85,000 TRVI stock options granted to Thomas Sciascia?
The 85,000 Trevi Therapeutics stock options granted to Thomas Sciascia vest in equal monthly installments through February 19, 2030. Vesting depends on his continued service with the issuer over this period.
Was the Trevi Therapeutics (TRVI) option grant to Thomas Sciascia an open-market purchase?
No, the transaction is described as a grant or award of stock options, not an open-market purchase. The options were issued at an exercise price of $0.00 per share as part of his compensation.
Does Thomas Sciascia directly own the granted Trevi Therapeutics (TRVI) options?
Yes, the filing classifies ownership of the 85,000 stock options as direct. After this compensatory grant, he is shown as directly holding 85,000 derivative securities tied to Trevi Therapeutics common stock.