Greco Michele 4

What Happened
Michele Greco, VERU Inc.'s Chief Administrative Officer and Chief Financial Officer, received a grant/award of 164,000 derivative shares (reported as acquired at $0.00) on May 4, 2026. The filing lists an acquisition price of $0.00 and a total reported value of $0. This is a compensation grant (derivative award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-04; filing date (Form 4): 2026-05-06. Filing appears timely (within the typical 2-business-day window).
• Transaction type/code: Award/Grant (code A); reported acquisition price $0.00; total value reported $0.
• Vesting: Options for one-third of the shares vest on each of May 4, 2027; May 4, 2028; and May 4, 2029 (per footnote).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• This is a derivative award (option-style vesting), not an immediate sale or market purchase.

Context
Derivative awards like this typically represent compensation and vest over time; they do not reflect an immediate open‑market purchase or sale. For retail investors, grants are less direct signals than outright purchases by insiders because they are commonly part of pay packages tied to retention and performance.