[Form 4] VERU INC. Insider Trading Activity
VERU INC. director Loren Mark Katzovitz received a grant of stock options covering 102,000 shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
VERU INC. director Loren Mark Katzovitz received a grant of stock options covering 102,000 shares of common stock. The options have an exercise price of $2.25 per share and expire on May 4, 2036. One-third of the options vest on each of May 4, 2027, May 4, 2028, and May 4, 2029.
Insider Trade Summary
Grant/Award: 102,000 shares
Grant/Award
1 txn
Insider
Katzovitz Loren Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Option | 102,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock Option — 102,000 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: 102,000 options
Exercise price: $2.25 per share
Post-grant derivative holdings: 102,000 options
+4 more
7 metrics
Option grant size
102,000 options
Common Stock Options granted on May 4, 2026
Exercise price
$2.25 per share
Exercise price for the 102,000 stock options
Post-grant derivative holdings
102,000 options
Total options held following this grant
Option expiration
May 4, 2036
Expiration date of the granted options
First vesting date
May 4, 2027
One-third of options vest on this date
Second vesting date
May 4, 2028
Second one-third of options vest on this date
Final vesting date
May 4, 2029
Final one-third of options vest on this date
Key Terms
Common Stock Option, Grant, award, or other acquisition, exercise price, expiration date, +1 more
5 terms
Common Stock Option financial
"security_title: "Common Stock Option""
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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.
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.
vest financial
"Options for one-third of the shares vest on each of May 4, 2027, May 4, 2028 and May 4, 2029."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did VERU director Loren Mark Katzovitz report on this Form 4 for VERU?
Loren Mark Katzovitz reported receiving a grant of options on 102,000 shares of VERU INC. common stock. These options were awarded as compensation, not purchased in the market, and give him the right to buy shares at a fixed exercise price.
What is the exercise price of the VERU stock options granted to Loren Mark Katzovitz?
The granted options allow purchase of VERU INC. common stock at an exercise price of $2.25 per share. This means he can later buy shares at $2.25, regardless of the market price at the time he exercises the options.
When do Loren Mark Katzovitz’s VERU stock options vest according to the Form 4?
The options vest in three equal installments over three years. One-third vests on May 4, 2027, another third on May 4, 2028, and the final third on May 4, 2029, subject to the usual continued service conditions.
When do the VERU stock options granted to Loren Mark Katzovitz expire?
These VERU INC. stock options expire on May 4, 2036. After that expiration date, any unexercised options become worthless, so they must be exercised before or on that date to acquire the underlying shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
