Tevogen Bio CEO receives 1.22M restricted shares
Saadi Ryan H. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Saadi Ryan H. reported acquisition or exercise transactions in this Form 4 filing.
Tevogen Bio Holdings Inc. disclosed that Chief Executive Officer Ryan H. Saadi received a grant of 1,220,000 shares of restricted common stock at $0.0000 per share under the 2024 Omnibus Incentive Plan. The award will vest in four equal annual installments commencing on July 10, 2033, contingent on his continued service. Following the grant, he holds 3,705,689 shares directly, plus 3,878 shares indirectly through his wife.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,220,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents a grant of restricted stock under the Tevogen Bio Holdings Inc. 2024 Omnibus Incentive Plan, which will vest ratably in four equal annual installments commencing on July 10, 2033, provided that the reporting person remains in service with the Issuer at such dates.
Key Figures
Key Terms
restricted stock financial
2024 Omnibus Incentive Plan financial
indirect financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Tevogen Bio (TVGN) grant to CEO Ryan H. Saadi?
What are Ryan H. Saadi’s total direct holdings in Tevogen Bio (TVGN) after this Form 4?
Does the Tevogen Bio (TVGN) CEO have any indirect ownership reported?
Was the TVGN CEO’s restricted stock grant an open-market purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.