Zevra SVP Sangiovanni Sells Shares, Settles RSUs
Zevra Therapeutics SVP Timothy J. Sangiovanni reported stock transactions involving common shares and restricted stock units.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 11,666 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,666 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 6,333 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,333 | $0.00 | $0.00 |
| Sale | Common Stock | 1,750 | $8.824 | $15K |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. Adoption date of referenced 10b5-1(c) plan is: 3/28/2025.
- F3. 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.
- F4. 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.
- F5. 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
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What insider transactions did ZVRA executive Timothy Sangiovanni report?
Were the ZVRA insider stock sales made under a Rule 10b5-1 trading plan?
How do the restricted stock units for ZVRA’s SVP vest over time?
What role does Timothy Sangiovanni hold at Zevra Therapeutics (ZVRA)?
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