Veru CFO granted 164,000 stock options at $2.25
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
VERU INC. Chief Admin Officer and CFO Michele Greco received a grant of options to purchase 164,000 shares of common stock at an exercise price of $2.25 per share. These are compensation-related awards, not open-market share purchases or sales.
According to the vesting schedule, options for one-third of the shares vest on each of May 4, 2027, May 4, 2028, and May 4, 2029, and the options expire on May 4, 2036. After this grant, Greco holds 164,000 options directly.
Insider Trade Summary
Grant/Award: 164,000 shares
Grant/Award
1 txn
Insider
Greco Michele
Role
Chief Admin Officer and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Option | 164,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock Option — 164,000 contracts (Direct)
Footnotes (1)
- F1. Options for one-third of the shares vest on each of May 4, 2027, May 4, 2028 and May 4, 2029.
Key Figures
Option grant size: 164,000 options
Exercise price: $2.25 per share
Post-grant derivative holdings: 164,000 options
+4 more
7 metrics
Option grant size
164,000 options
Common Stock Option grant to CFO Michele Greco
Exercise price
$2.25 per share
Exercise price for granted stock options
Post-grant derivative holdings
164,000 options
Total options held after this transaction
Vesting date 1
May 4, 2027
One-third of options vest
Vesting date 2
May 4, 2028
One-third of options vest
Vesting date 3
May 4, 2029
Final one-third of options vest
Option expiration
May 4, 2036
Expiration date of stock options
Key Terms
Common Stock Option, exercise price, vesting, expiration date, +1 more
5 terms
Common Stock Option financial
"security_title": "Common Stock Option""
exercise price financial
"conversion_or_exercise_price": "2.2500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"Options for one-third of the shares vest on each of May 4, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"expiration_date": "2036-05-04T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did VERU (VERU) disclose about Michele Greco in this Form 4?
VERU reported that Chief Admin Officer and CFO Michele Greco received a grant of options for 164,000 shares of common stock at a $2.25 exercise price. This is a compensation award, not an open-market stock purchase or sale.
How many stock options did VERU (VERU) grant to its CFO Michele Greco?
Michele Greco received options covering 164,000 shares of VERU common stock. These options give the right to buy shares at a fixed $2.25 exercise price, subject to vesting dates and an ultimate expiration in 2036.
What is the exercise price and expiration date of Michele Greco’s VERU options?
The granted options have a fixed exercise price of $2.25 per share and expire on May 4, 2036. Greco can only use these options to buy shares at that price after they vest according to the stated schedule.
When do Michele Greco’s VERU stock options vest?
The options vest in three equal installments: one-third on May 4, 2027, one-third on May 4, 2028, and one-third on May 4, 2029. Greco must wait for each vesting date before exercising the corresponding portion.
Does this VERU (VERU) Form 4 show open-market buying or selling by Michele Greco?
No, the Form 4 shows a grant of stock options as compensation, coded as an acquisition (A), not open-market trading. There are no reported stock purchases or sales; only the award of 164,000 options at a $2.25 exercise price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
