Cui Xiangmin 4/A
4/A · Nuvation Bio Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Nuvation Bio Director Cui Xiangmin Receives 76,923 Option Award
What Happened
- Director Cui Xiangmin was granted 76,923 options to purchase Class A common stock of Nuvation Bio (NUVB) in a grant reported for the 2026-02-27 award date. The Form 4 records the acquisition as a derivative option award with an acquisition amount shown as $0.00 (i.e., an option grant, not an exercised purchase or sale). This was an award/compensation event rather than an open-market buy or sale.
Key Details
- Transaction date: 2026-02-27 (award date). Report originally filed on 2026-03-03 and this Form 4 was amended on 2026-05-26 to correct the reported amount.
- Award size: 76,923 options (amended — original filing incorrectly reported 74,813; corrected upward by 2,110 options).
- Price/value shown on Form 4: $0.00 acquisition amount (derivative award); no cash paid or shares sold in this filing.
- Shares owned after transaction: not disclosed on this filing.
- Vesting: options vest 1/24 of the total on the one‑month anniversary of 1/1/2026 and monthly thereafter over the next 23 months, subject to continued service (per footnote).
- Filing status: AMENDED filing to correct an administrative error in the prior Form 4 (the original Form 4 was filed 2026-03-03; this amendment was filed 2026-05-26).
Context
- This is a grant of options (a derivative award) — the options do not represent immediately tradeable shares until they vest and the holder exercises them (exercise price and exercise events are not part of this Form 4 disclosure).
- The amendment corrects the public record; the original timely Form 4 misstated the number of options awarded. This type of award is typically part of director compensation and should not be interpreted by itself as a buy/sell signal.
Insider Transaction Report
Form 4/AAmended
Cui Xiangmin
Director
Transactions
- Award
Stock Option (Right to Buy)
[F1][F2]2026-02-27+76,923→ 76,923 totalExercise: $5.91Exp: 2036-02-26→ Class A Common Stock (76,923 underlying)
Footnotes (2)
- [F1]On March 3, 2026, the reporting person filed a Form 4 which, due to an administrative error, incorrectly reported that the reporting person was awarded 74,813 options to purchase Class A Common Stock on February 27, 2026. In fact, the reporting person was awarded 76,923 options to purchase Class A Common Stock on such date.
- [F2]Option vests as to 1/24 of the shares on the one month anniversary of 1/1/2026, monthly thereafter over the following 23 months, subject to Reporting Person's continuous service on each such vesting date
Signature
/s/ Stephen Dang, Attorney-in-Fact|2026-05-26