ALAM JOHN J 4
Research Summary
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CervoMed (CRVO) 10% Owner John J. Alam Receives 75,000-Share Award
What Happened John J. Alam, listed as a 10% owner of CervoMed, was granted an award for 75,000 shares of common stock (derivative) on 2026-02-11. The award was granted at $0.00 per share (no cash paid) and has a reported total value of $0 on the Form 4. This is a grant/award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-11; Form filed: 2026-02-13 (filed within the typical two-business-day window).
- Transaction type/code: A (grant/award); 75,000 shares acquired at $0.00 (derivative award).
- Vesting: The shares underlying the award vest in 36 equal (or as near equal as possible) monthly installments on the last calendar day of each month, commencing February 28, 2026 (footnote F1).
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Insider status: John J. Alam is reported as a 10% owner.
Context This was a time-based equity award (shares underlying the award will vest monthly), meaning the recipient gains full ownership of portions of the award over the 36-month schedule rather than receiving all shares immediately. As with many grants, this reflects company compensation/retention practices and does not by itself indicate intent to buy or sell stock.