Katzovitz Loren Mark 4

What Happened

• Loren Katzovitz, a director of VERU Inc. (VERU), received a grant of 102,000 derivative securities on May 4, 2026. The filing reports an acquisition price of $0.00 per share (no immediate cash paid). The filing does not specify a cash value or whether the instrument is options vs. RSUs — it is recorded as a derivative grant.
• This is an award/grant (not a market purchase or sale), so it represents compensation or an equity award rather than a direct bullish or bearish trade.

Key Details

• Transaction date: 2026-05-04; Filing date (Form 4): 2026-05-06 (appears timely).
• Amount: 102,000 derivative shares recorded at $0.00.
• Vesting: Options/rights vest one‑third on each of May 4, 2027; May 4, 2028; and May 4, 2029 (per footnote).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax‑withholding sale, or late‑filing indication noted in the report.

Context

• Derivative awards recorded at $0.00 can be restricted stock units, option grants with no listed exercise price, or other equity awards; the filing does not explicitly define the instrument. Such grants vest over time and are compensation-related rather than open‑market purchases.
• Awards like this are common for directors and employees and do not by themselves indicate immediate buying or selling intent.