Director at VERU (VERU) receives 97,000-share stock option grant at $2.25

Rhea-AI Filing Summary

VERU INC. director Hyun Grace received a grant of options to buy 97,000 shares of common stock at an exercise price of $2.25 per share. These are compensation-related options, not an open-market purchase, and give her the right to buy shares in the future.

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, with all unexercised options expiring on May 4, 2036. After this grant, she holds options for 97,000 shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hyun Grace

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock Option	97,000	$0.00	--

Holdings After Transaction: Common Stock Option — 97,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Option grant size: 97,000 options Exercise price: $2.25 per share Underlying shares: 97,000 shares +4 more

7 metrics

Option grant size 97,000 options Common Stock Option grant to director Hyun Grace

Exercise price $2.25 per share Exercise price for the 97,000 options

Underlying shares 97,000 shares Common stock underlying the options

Post-grant option holdings 97,000 options Total options held following this transaction

First vesting date May 4, 2027 One-third of options vest

Final vesting date May 4, 2029 Final one-third of options vest

Expiration date May 4, 2036 Options expire if unexercised

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""

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^*

Hyun Grace

(Last) (First) (Middle)

2916 NORTH 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		97,000		05/04/2027(1)	05/04/2036	Common Stock	97,000	$0	97,000	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 (VERU) director Hyun Grace report in this Form 4?

Director Hyun Grace reported receiving options on 97,000 VERU common shares as compensation. The options have a fixed exercise price and vest in three equal annual installments starting in 2027, giving her future rights to purchase company stock.

How many VERU (VERU) shares are covered by Hyun Grace’s new stock options?

The option grant covers 97,000 shares of VERU common stock. These options give her the right, but not the obligation, to buy up to 97,000 shares once they vest and before they expire in 2036.

What is the exercise price of Hyun Grace’s VERU (VERU) stock options?

The options have an exercise price of $2.25 per share. This means she can buy VERU common stock at $2.25 for each optioned share once the options vest, regardless of the market price at that time.

When do Hyun Grace’s VERU (VERU) stock options vest?

The options vest in three equal installments. One-third of the 97,000 options vest on each of May 4, 2027, May 4, 2028, and May 4, 2029, aligning continued service with increasing ownership opportunity over time.

When do the VERU (VERU) stock options granted to Hyun Grace expire?

All unexercised options granted to Hyun Grace expire on May 4, 2036. She must wait for each portion to vest, then exercise before that expiration date; otherwise, any remaining unexercised options will lapse worthless.

Are Hyun Grace’s VERU (VERU) option grants open-market purchases?

No. The Form 4 shows a grant coded as a compensation award, not an open-market purchase. She did not buy shares on an exchange; she received options that allow future purchases at a fixed price if she chooses to exercise.