Zevra Therapeutics (ZVRA) finance SVP sells stock, settles RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zevra Therapeutics SVP Timothy J. Sangiovanni reported stock transactions involving common shares and restricted stock units. On January 30, 2026, he settled 6,333 restricted stock units into common stock and sold 1,750 shares at a weighted average price of $8.824 under a pre-arranged Rule 10b5-1(c) trading plan adopted on March 28, 2025.
On January 31, 2026, he settled another 11,666 restricted stock units into common stock. Following these transactions, he directly beneficially owned 32,590 shares of common stock and held remaining restricted stock units that continue to vest over time, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,750 shares ($15,442)
Net Sell
5 txns
Insider
Sangiovanni Timothy J.
Role
SVP, Finance & Corp Controller
Sold
1,750 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 11,666 | $0.00 | -- |
| Exercise | Common Stock | 11,666 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 6,333 | $0.00 | -- |
| Exercise | Common Stock | 6,333 | $0.00 | -- |
| Sale | Common Stock | 1,750 | $8.824 | $15K |
Holdings After Transaction:
Restricted Stock Unit — 11,668 shares (Direct);
Common Stock — 32,590 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Adoption date of referenced 10b5-1(c) plan is: 3/28/2025. This transaction was executed in multiple trades at prices ranging from $8.62 to $8.995. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer or any security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. One third of the restricted stock units vested and settled on January 30, 2026. The remaining two thirds of the shares will vest and settle in equal annual installments thereafter, subject in each case to the Reporting person's continued service through such vesting date. One third of the restricted stock units vested and settled on each of January 31, 2025 and January 31, 2026. The remaining one third of the shares will vest and settle on January 31, 2027, subject to the Reporting person's continued service through such vesting date.
FAQ
What insider transactions did ZVRA executive Timothy Sangiovanni report?
Timothy Sangiovanni reported settling restricted stock units into common shares and selling stock. He exercised 6,333 and 11,666 restricted stock units on January 30–31, 2026, and sold 1,750 common shares on January 30, 2026, at a weighted average price of $8.824.
Were the ZVRA insider stock sales made under a Rule 10b5-1 trading plan?
Yes. The 1,750-share sale on January 30, 2026, was made under a Rule 10b5-1(c) trading plan. The filing notes the plan’s adoption date as March 28, 2025, indicating the sale followed a pre-established trading arrangement.
How do the restricted stock units for ZVRA’s SVP vest over time?
One restricted stock unit grant vested one-third on January 30, 2026, with the remaining two-thirds vesting in equal annual installments thereafter. Another grant vested one-third on January 31, 2025, one-third on January 31, 2026, and the final third is scheduled for January 31, 2027.
What role does Timothy Sangiovanni hold at Zevra Therapeutics (ZVRA)?
Timothy J. Sangiovanni serves as Senior Vice President, Finance & Corporate Controller at Zevra Therapeutics. His Form 4 filing reflects equity compensation activity and a stock sale consistent with his status as an officer of the company.