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Zevra Therapeutics (ZVRA) insider files to resell RSU shares via broker

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Zevra Therapeutics’ affiliate reports planned stock sales by an insider. A Form 144 notice lists up to 42,666 shares of common stock held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services for potential sale on NASDAQ as of August 14, 2026.

The shares relate to restricted stock units granted on June 21, 2025 by the issuer. The notice also references prior Rule 10b5-1 sales for Rahsaan Thompson, including 34,557 common shares sold for $438,303.71 on June 22, 2026.

Positive

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Negative

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Shares subject to potential sale 42,666 shares Common stock held at Morgan Stanley Smith Barney LLC Executive Financial Services
Planned market NASDAQ Listed as the market for the potential sale of common shares
Grant date of RSUs 06/21/2025 Restricted Stock Units from issuer underlying the shares
Recent shares sold under 10b5-1 34,557 shares Rule 10b5-1 sales for Rahsaan Thompson on 06/22/2026
Proceeds from recent 10b5-1 sale $438,303.71 Value of 34,557 common shares sold on 06/22/2026
Notice date reference 08/14/2026 Date associated with the proposed sale notice
Restricted Stock Units financial
"Common | 06/21/2025 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 Sales regulatory
"10b5-1 Sales for RAHSAAN THOMPSON 101 Federal Street"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

What does Zevra Therapeutics (ZVRA) disclose in this Form 144 filing?

The filing reports a proposed sale of up to 42,666 common shares held at Morgan Stanley Smith Barney LLC, linked to restricted stock units granted June 21, 2025, with potential sales on NASDAQ after August 14, 2026.

How many ZVRA shares are covered by the new sale notice?

The notice covers up to 42,666 shares of Zevra Therapeutics common stock. These shares are associated with restricted stock units granted on June 21, 2025, and may be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

What prior ZVRA stock sales are referenced in the past three months?

The filing references Rule 10b5-1 sales of 34,557 ZVRA common shares for $438,303.71 on June 22, 2026, for Rahsaan Thompson, providing context for recent trading activity under a pre-arranged plan.

Who is the broker involved in the potential Zevra Therapeutics share sale?

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY 10004, which would handle potential NASDAQ sales of the 42,666 common shares covered by this notice.

What type of equity award underlies the ZVRA shares in this Form 144?

The shares are tied to Restricted Stock Units granted on June 21, 2025 by the issuer. These RSUs represent equity compensation that has resulted in common shares eligible for potential public resale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature