Form 4: Nuvation Bio Inc. Director Acquires Stock Options

Sentiment:

SEC Form 4 Filing


Robert B. Bazemore, a director of Nuvation Bio Inc., reports the acquisition of stock options.

Summary

  • On September 3, 2024, Robert B. Bazemore, a director of Nuvation Bio Inc. [NUVB], acquired 200,801 stock options with an exercise price of $2.98.
  • These options vest on the earlier of the one-year anniversary of the grant date (September 3, 2024) or the next shareholder annual meeting, contingent upon continuous service.
  • Following the transaction, Bazemore directly owns 200,801 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock option grants, which is neutral in sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Key Dates

DateDescription
09/03/2024Date of earliest transaction: Grant date of stock options.
09/03/2024Vesting start date: One-year anniversary of the grant date.
09/02/2034Expiration date of the stock options.
09/05/2024Date of signature for the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.