[Form 4] VERU INC. Insider Trading Activity

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

1 transaction reported

Mixed 1 txn

Insider Katzovitz Loren Mark

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock Option	102,000	$0.00	--

Holdings After Transaction: Common Stock Option — 102,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

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The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised.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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Katzovitz Loren Mark

(Last) (First) (Middle)

2916 N. MIAMI AVENUE

SUITE 1000

(Street)

MIAMI FLORIDA 33127

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VERU INC. [ VERU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Stock Option	$2.25	05/04/2026		A		102,000		05/04/2027(1)	05/04/2036	Common Stock	102,000	$0	102,000	D

Explanation of Responses:

1. Options for one-third of the shares vest on each of May 4, 2027, May 4, 2028 and May 4, 2029.

	/s/ Phil R. Greenberg, via Power of Attorney	05/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many VERU INC. shares are covered by Loren Mark Katzovitz’s new option grant?

The option grant covers 102,000 shares of VERU INC. common stock. If fully vested and exercised, these options would allow him to acquire up to 102,000 shares at the preset $2.25 per share exercise price.

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.

Is Loren Mark Katzovitz’s VERU option grant an open-market purchase of shares?

No, this filing shows a compensation-related option grant, not a market purchase. The Form 4 transaction code is “A” for a grant or award, with a zero-dollar transaction price and a specified $2.25 per share exercise price.