O'Hara Elaine 4/A
4/A · NOVAVAX INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Novavax (NVAX) EVP Elaine O'Hara Receives 177,500-Share Option Award
What Happened
Elaine O'Hara, Executive Vice President and Chief Strategy Officer of Novavax (NVAX), received a derivative grant of 177,500 shares (reported as a $0.00 acquisition) on March 2, 2026. The Form 4/A filed March 9, 2026 amends the originally reported exercise price for this option grant; all other reported details remain unchanged.
Key Details
- Transaction date: 2026-03-02 (period of report). Form 4 originally filed 2026-03-03; this is an amendment filed 2026-03-09 to correct the exercise price (Footnote F1).
- Reported transaction: Grant / award of 177,500 derivative shares (reported acquisition price $0.00 in the filing).
- Vesting: 1/4 vests one year after March 2, 2026; the remaining 3/4 vest in equal monthly installments over the following three years, subject to continued employment (Footnote F2).
- Shares owned after transaction: not specified in the supplied details of this filing.
- Filingtimeliness: Original Form 4 was filed March 3 (timely); this filing is an amendment to correct exercise-price reporting.
Context
This is an option-type award (derivative) rather than an open-market purchase or sale. Options vest over time and typically require payment of an exercise price to convert to common shares; because this filing amends the exercise price, check the amended Form 4 for the corrected strike price to understand potential future cash/tax implications. Option grants are a common part of executive compensation and do not themselves indicate immediate buying or selling of shares.
Insider Transaction Report
- Award
2026 Non-statutory Stock Option NQ
[F1][F2]2026-03-02+177,500→ 177,500 totalExercise: $10.11Exp: 2036-03-02→ Common Stock (177,500 underlying)
Footnotes (2)
- [F1]This Form 4/A has been filed solely to amend the exercise price as originally reported in Column 2 and price of derivative security as originally reported in Column 8 of Table II of the Reporting Person's Form 4 filed on March 3, 2026. All other information remains unchanged from the March 3, 2026 filing.
- [F2]One-quarter (1/4) of the shares subject to this option granted under the Plan vest on the first anniversary of March 2, 2026, and the remaining three-quarters (3/4) of the shares vest in equal monthly installments over the following three (3) years, in each case subject to continued employment with the Company through such vesting date.