Nuvation Bio Inc.·4/A

May 26, 8:01 PM ET

Cui Xiangmin 4/A

4/A · Nuvation Bio Inc. · Filed May 26, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-02-27
Cui Xiangmin
Director
Transactions
  • Award

    Stock Option (Right to Buy)

    [F1][F2]
    2026-02-27+76,92376,923 total
    Exercise: $5.91Exp: 2036-02-26Class 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

Documents

1 file
  • 4
    form4a-05272026_120510.xml