VAN HEEK G JAN 4
4 · Minerva Neurosciences, Inc. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Minerva (NERV) Director Jan Van Heek Receives 50,000-Share Award
What Happened
Jan Van Heek, a non-employee director of Minerva Neurosciences, was granted a derivative award of 50,000 shares on 2026-06-03. The grant shows a $0.00 acquisition price (no cash paid) and is reported as an award/ grant (transaction code A) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-03; Form 4 filed: 2026-06-05 (timely filing).
- Award amount and price: 50,000 shares; $0.00 per share (derivative award).
- Vesting schedule (footnote F1): vests in four equal quarterly installments (1/4 every three months), with the first 1/4 vesting three months after June 3, 2026 (i.e., ~Sept 3, 2026) and the remainder every three months thereafter, contingent on continued service as a non-employee director.
- Shares owned after the transaction: not specified in the provided filing details.
- Filing type/implication: derivative award (likely RSUs or similar); no immediate sale or cash exercise reported.
Context
This is an award to a director and does not represent an open-market purchase or sale. Because the shares are subject to time-based vesting and require continued board service, they do not immediately increase tradable share count. Awards to directors are common as compensation and are informational rather than a direct bullish or bearish trading signal.
Insider Transaction Report
- Award
Stock Option (right to buy)
[F1]2026-06-03+50,000→ 50,000 totalExercise: $4.68Exp: 2036-06-02→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The shares subject to this option vest in four equal quarterly installments at a rate of 1/4 of the total number of shares every three months, with the first 1/4 vesting on the date that is three months following June 3, 2026 and an additional 1/4 vesting every three months thereafter, subject in each case to the continued service of the Reporting Person as a non-employee director as of such vesting date.