CFO at Trevi Therapeutics (TRVI) awarded 375,000 options Jan 8 2026
Rhea-AI Filing Summary
Trevi Therapeutics, Inc. reported that its Chief Financial Officer, David C. Hastings, received a grant of stock options on January 8, 2026. The award covers options to purchase 375,000 shares of common stock at an exercise price of $11.21 per share.
According to the disclosure, 25% of the underlying shares are scheduled to vest on January 8, 2027, with the remaining 75% vesting in equal monthly installments through January 8, 2030. Following this grant, the CFO is shown as beneficially owning 375,000 derivative securities directly.
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FAQ
What insider transaction did Trevi Therapeutics (TRVI) report for its CFO?
Trevi Therapeutics reported that its Chief Financial Officer, David C. Hastings, was granted a stock option covering 375,000 shares of common stock on January 8, 2026, as disclosed on a Form 4.
What is the exercise price of the new Trevi Therapeutics (TRVI) stock options?
The stock option granted to the CFO has an exercise price of $11.21 per share for the underlying shares of Trevi Therapeutics common stock.
How do the Trevi Therapeutics (TRVI) CFO stock options vest?
The 375,000-share option is scheduled to vest as to 25% of the shares on January 8, 2027, with the remaining 75% vesting in equal monthly installments through January 8, 2030.
How many derivative securities does the Trevi Therapeutics (TRVI) CFO hold after this grant?
Following the reported transaction, the Form 4 shows the CFO beneficially owning 375,000 derivative securities (stock options) directly.
Was the Trevi Therapeutics (TRVI) CFO transaction a purchase or a grant?
The Form 4 identifies the transaction as a stock option grant to the CFO, coded as "A" (acquired) for derivative securities, rather than an open-market purchase.