Lu Lucy 4
Research Summary
AI-generated summary
VERU Director Lu Lucy Receives 104,000 Share Award
What Happened
- Lu Lucy, a director of VERU Inc. (VERU), was granted 104,000 derivative securities (reported as acquired at $0.00) on May 4, 2026. The Form 4 lists the award value as $0.00 (no cash paid at grant). This is a grant/award rather than a market purchase or sale.
Key Details
- Transaction date and filing: Grant dated 2026-05-04; Form 4 filed 2026-05-06 (appears timely — two days after the transaction).
- Reported price: $0.00 (no cash paid at grant in the filing).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Options for one-third of the shares vest on each of May 4, 2027, May 4, 2028 and May 4, 2029.
- Transaction type code: A (award/grant of derivative securities).
Context
- This filing reports a compensation/retention-style award (options) to a director. It is not a sale or open-market purchase and does not by itself indicate buying or selling sentiment. The grant vests over three years, so the award is subject to future service-based vesting before the options become exercisable.