AGÕæÈ˹ٷ½

STOCK TITAN

[Form 4] CervoMed Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Inhibikase Therapeutics, Inc. (IKT) has filed an amended Form 4 (Form 4/A) for Chief Executive Officer and Director Mark T. Iwicki. The sole purpose of the amendment is to correct two data points that were misstated in the original Form 4 filed on 25 Feb 2025: (i) the exercise price of a stock-option award and (ii) its expiration date.

Key terms of the option grant (originally awarded 21 Feb 2025):

  • Derivative security: Non-qualified stock option to purchase 602,346 shares of common stock.
  • Corrected exercise price: $2.97 per share.
  • Corrected expiration date: 21 Feb 2035 (10-year term).
  • Vesting schedule: 48 substantially equal monthly installments beginning 21 Mar 2025, contingent on continued employment.
  • Ownership status: Shares are held directly by the reporting person.

The filing does not report new purchases or sales of shares; it is an administrative correction. Nevertheless, the option grant, if fully exercised, would result in issuance of up to 602,346 new shares, creating a modest potential dilution for existing shareholders. Because the option vests over four years, dilution would be gradual and contingent on share-price appreciation above $2.97.

Investor takeaways: (1) Management has rectified an earlier clerical error, demonstrating regulatory compliance; (2) the CEO’s long-term incentive package now has confirmed terms, aligning his interests with shareholders; (3) no immediate cash outflow or revenue impact is associated with the amendment.

Inhibikase Therapeutics, Inc. (IKT) ha presentato un modulo Form 4 modificato (Form 4/A) per il CEO e Direttore Mark T. Iwicki. Lo scopo unico della modifica è correggere due dati errati nel modulo Form 4 originale presentato il 25 febbraio 2025: (i) il prezzo di esercizio di un premio di opzione su azioni e (ii) la sua data di scadenza.

Termini chiave della concessione dell'opzione (originariamente assegnata il 21 febbraio 2025):

  • Strumento derivato: opzione su azioni non qualificata per acquistare 602.346 azioni ordinarie.
  • Prezzo di esercizio corretto: 2,97 $ per azione.
  • Data di scadenza corretta: 21 febbraio 2035 (durata di 10 anni).
  • Piano di maturazione: 48 rate mensili sostanzialmente uguali a partire dal 21 marzo 2025, subordinato alla continuazione del rapporto di lavoro.
  • Stato di proprietà: Le azioni sono detenute direttamente dalla persona che presenta la segnalazione.

La presentazione non segnala nuovi acquisti o vendite di azioni; si tratta di una correzione amministrativa. Tuttavia, se l'opzione venisse esercitata completamente, si emetterebbero fino a 602.346 nuove azioni, causando una modesta diluizione potenziale per gli azionisti esistenti. Poiché l'opzione matura in quattro anni, la diluizione sarebbe graduale e dipenderebbe dall'apprezzamento del prezzo delle azioni oltre i 2,97 $.

Considerazioni per gli investitori: (1) La direzione ha rettificato un errore amministrativo precedente, dimostrando conformità normativa; (2) il pacchetto di incentivi a lungo termine del CEO ha ora termini confermati, allineando i suoi interessi con quelli degli azionisti; (3) non vi è alcun esborso di cassa immediato né impatto sui ricavi associato alla modifica.

Inhibikase Therapeutics, Inc. (IKT) ha presentado un Formulario 4 enmendado (Formulario 4/A) para el Director Ejecutivo y Director Mark T. Iwicki. El único propósito de la enmienda es corregir dos datos que fueron erróneamente declarados en el Formulario 4 original presentado el 25 de febrero de 2025: (i) el precio de ejercicio de una concesión de opción sobre acciones y (ii) su fecha de vencimiento.

Términos clave de la concesión de la opción (originalmente otorgada el 21 de febrero de 2025):

  • Valor derivado: opción sobre acciones no calificada para comprar 602,346 acciones ordinarias.
  • Precio de ejercicio corregido: $2.97 por acción.
  • Fecha de vencimiento corregida: 21 de febrero de 2035 (plazo de 10 años).
  • Calendario de adquisición: 48 cuotas mensuales sustancialmente iguales a partir del 21 de marzo de 2025, condicionado a la continuidad del empleo.
  • Estado de propiedad: Las acciones están en manos directas de la persona que reporta.

La presentación no informa nuevas compras o ventas de acciones; es una corrección administrativa. Sin embargo, si la opción se ejerce en su totalidad, se emitirían hasta 602,346 nuevas acciones, lo que generaría una modesta dilución potencial para los accionistas existentes. Dado que la opción se adquiere durante cuatro años, la dilución sería gradual y dependería de la apreciación del precio por encima de $2.97.

Conclusiones para inversores: (1) La dirección ha corregido un error administrativo anterior, demostrando cumplimiento normativo; (2) el paquete de incentivos a largo plazo del CEO ahora tiene términos confirmados, alineando sus intereses con los de los accionistas; (3) no hay flujo de efectivo inmediato ni impacto en ingresos asociado con la enmienda.

Inhibikase Therapeutics, Inc. (IKT)ëŠ� 최고경ì˜ìž�(CEO) ê²� ì´ì‚¬ì� Mark T. Iwickiì—� 대í•� 수정ë� Form 4 (Form 4/A)ë¥� 제출했습니다. 수정ì� 유ì¼í•� 목ì ì€ 2025ë…� 2ì›� 25ì� 제출ë� ì›ëž˜ Form 4ì—서 잘못 기재ë� ë‘� 가지 ë°ì´í„� í¬ì¸íŠ¸ë¥¼ 바로잡는 것입니다: (i) 주ì‹ë§¤ìˆ˜ì„ íƒê¶Œì˜ 행사갶Äê²�ê³� (ii) ê·� 만료ì�.

옵션 ë¶€ì—¬ì˜ ì£¼ìš” ì¡°ê±´ (ì›ëž˜ 2025ë…� 2ì›� 21ì� 부여ë¨):

  • 파ìƒì¦ê¶Œ: 보통ì£� 602,346주를 매수í•� ìˆ� 있는 비ì ê²� 주ì‹ë§¤ìˆ˜ì„ íƒê¶�.
  • 수정ë� 행사갶Äê²�: 주당 2.97달러.
  • 수정ë� 만료ì�: 2035ë…� 2ì›� 21ì� (10ë…� 만기).
  • 베스íŒ� ì¼ì •: 2025ë…� 3ì›� 21ì¼ë¶€í„� 시작ë˜ëŠ” ê±°ì˜ ë™ì¼í•� 48개월 ë¶„í•  ì§€ê¸�, ê³„ì† ê³ ìš© ì¡°ê±´ë¶€.
  • 소유 ìƒíƒœ: ë³´ê³ ìžê°€ ì§ìΪ 주ì‹ì� 보유.

ì´ë²ˆ ì œì¶œì€ ìƒˆë¡œìš� ì£¼ì‹ ë§¤ìˆ˜ ë˜ëŠ” 매ë„ë¥� 보고하지 않으ë©�, 행정ì � 수정ì—� 해당합니ë‹�. 그럼ì—ë„ ë¶ˆêµ¬í•˜ê³ , 옵션ì� 완전íž� 행사ë� 경우 최대 602,346ì£¼ì˜ ì‹ ì£¼ê°€ 발행ë˜ì–´ 기존 주주들ì—ê²� 약간ì� í¬ì„ 효과가 ë°œìƒí•� ìˆ� 있습니다. ì˜µì…˜ì€ 4ë…„ì— ê±¸ì³ ë² ìŠ¤íŒ…ë˜ë¯€ë¡� í¬ì„ 효과ëŠ� ì ì§„ì ì´ë©� 주가가 2.97달러ë¥� 초과í•� 경우ì—ë§Œ ë°œìƒí•©ë‹ˆë‹�.

투ìžìž� 참고 사항: (1) ê²½ì˜ì§„ì´ ì´ì „ì� 행정ì � 오류ë¥� 바로잡아 규제 준수를 ìž…ì¦í–ˆìœ¼ë©�; (2) CEOì� 장기 ì¸ì„¼í‹°ë¸Œ 패키지 ì¡°ê±´ì� 확ì¸ë˜ì–´ 주주와 ì´í•´ê´€ê³„ê°€ ì¼ì¹˜í•�; (3) 수정ê³� ê´€ë ¨ëœ ì¦‰ê°ì ì¸ 현금 유출ì´ë‚˜ ìˆ˜ìµ ì˜í–¥ì€ ì—†ìŒ.

Inhibikase Therapeutics, Inc. (IKT) a déposé un formulaire 4 modifié (Form 4/A) pour le Directeur Général et Administrateur Mark T. Iwicki. L'unique but de cet amendement est de corriger deux données erronées dans le formulaire 4 original déposé le 25 février 2025 : (i) le prix d'exercice d'une attribution d'option d'achat d'actions et (ii) sa date d'expiration.

Principaux termes de l'attribution d'option (initialement attribuée le 21 février 2025) :

  • Valeur dérivée : option d'achat d'actions non qualifiée portant sur 602 346 actions ordinaires.
  • Prix d'exercice corrigé : 2,97 $ par action.
  • Date d'expiration corrigée : 21 février 2035 (durée de 10 ans).
  • Calendrier d'acquisition : 48 versements mensuels substantiellement égaux à partir du 21 mars 2025, sous réserve de la poursuite de l'emploi.
  • Statut de propriété : Les actions sont détenues directement par la personne déclarant.

Le dépôt ne signale pas de nouveaux achats ou ventes d'actions ; il s'agit d'une correction administrative. Néanmoins, si l'option était exercée intégralement, jusqu'à 602 346 nouvelles actions seraient émises, ce qui entraînerait une dilution potentielle modérée pour les actionnaires existants. Comme l'option est acquise sur quatre ans, la dilution serait progressive et dépendrait d'une appréciation du cours au-delà de 2,97 $.

Points clés pour les investisseurs : (1) La direction a corrigé une erreur administrative antérieure, démontrant sa conformité réglementaire ; (2) le plan d'incitation à long terme du CEO a désormais des termes confirmés, alignant ses intérêts avec ceux des actionnaires ; (3) aucun décaissement immédiat ni impact sur les revenus n'est lié à cet amendement.

Inhibikase Therapeutics, Inc. (IKT) hat ein geändertes Formular 4 (Form 4/A) für CEO und Direktor Mark T. Iwicki eingereicht. Der einzige Zweck der Änderung besteht darin, zwei fehlerhaft angegebene Datenpunkte im ursprünglichen am 25. Februar 2025 eingereichten Formular 4 zu korrigieren: (i) den ´¡³Ü²õü²ú³Ü²Ô²µ²õ±è°ù±ð¾±²õ einer Aktienoptionszuteilung und (ii) deren Ablaufdatum.

Wesentliche Bedingungen der Optionszuteilung (ursprünglich am 21. Februar 2025 gewährt):

  • Derivative Sicherheit: nicht qualifizierte Aktienoption zum Kauf von 602.346 Stammaktien.
  • Korrigierter ´¡³Ü²õü²ú³Ü²Ô²µ²õ±è°ù±ð¾±²õ: 2,97 $ pro Aktie.
  • Korrigiertes Ablaufdatum: 21. Februar 2035 (10 Jahre Laufzeit).
  • Vesting-Zeitplan: 48 im Wesentlichen gleichmäßige monatliche Raten beginnend am 21. März 2025, abhängig von fortgesetzter Beschäftigung.
  • Eigentumsstatus: Die Aktien werden direkt von der meldenden Person gehalten.

Die Einreichung meldet keine neuen Käufe oder Verkäufe von Aktien; es handelt sich um eine administrative Korrektur. Dennoch würde die vollständige Ausübung der Option zur Ausgabe von bis zu 602.346 neuen Aktien führen, was eine moderate potenzielle Verwässerung für bestehende Aktionäre darstellt. Da die Option über vier Jahre vestet, wäre die Verwässerung schrittweise und abhängig von einer Kurssteigerung über 2,97 $.

Wichtige Erkenntnisse für Investoren: (1) Das Management hat einen früheren Schreibfehler korrigiert und damit die Einhaltung der Vorschriften demonstriert; (2) das langfristige Anreizpaket des CEO hat nun bestätigte Bedingungen, die seine Interessen mit denen der Aktionäre in Einklang bringen; (3) mit der Änderung sind keine sofortigen Auszahlungen oder Umsatzwirkungen verbunden.

Positive
  • Improved transparency: Company swiftly corrected prior misreported option terms, reinforcing regulatory compliance.
  • Long-term incentive alignment: 602,346 options vest over 48 months, tying CEO compensation to future share-price performance.
Negative
  • Potential dilution: Full exercise could add 602,346 shares to the float.
  • Process weakness: Initial Form 4 contained errors, implying internal control lapse over insider reporting.

Insights

TL;DR � Administrative correction; improves disclosure, immaterial operational impact.

This Form 4/A merely fixes the strike price and expiration date of an already-reported CEO option grant. From a governance angle, the amendment is positive because it rectifies inaccurate information within one trading week, signalling the company’s commitment to Section 16 compliance. The 602,346-share option, vesting monthly over four years, is a standard retention tool for small-cap biopharma leadership. While the potential dilution is under 3% of a typical micro-cap share count, it occurs only if the stock exceeds $2.97 and vesting conditions are met. Overall, the event is neutral-to-slightly-positive in governance terms and has no direct effect on fundamentals.

TL;DR � Neutral for valuation; highlights a 602k-share overhang at $2.97.

The corrected grant locks in a strike roughly at recent trading levels (exact market price not provided in the filing). Long-dated (10-year) options encourage value creation, yet also introduce an overhang equivalent to 602,346 shares. Because dilution is deferred and contingent on performance, I view the impact on near-term EPS or cash flow as immaterial. Absent other catalysts, the filing does not alter my position sizing in IKT.

Inhibikase Therapeutics, Inc. (IKT) ha presentato un modulo Form 4 modificato (Form 4/A) per il CEO e Direttore Mark T. Iwicki. Lo scopo unico della modifica è correggere due dati errati nel modulo Form 4 originale presentato il 25 febbraio 2025: (i) il prezzo di esercizio di un premio di opzione su azioni e (ii) la sua data di scadenza.

Termini chiave della concessione dell'opzione (originariamente assegnata il 21 febbraio 2025):

  • Strumento derivato: opzione su azioni non qualificata per acquistare 602.346 azioni ordinarie.
  • Prezzo di esercizio corretto: 2,97 $ per azione.
  • Data di scadenza corretta: 21 febbraio 2035 (durata di 10 anni).
  • Piano di maturazione: 48 rate mensili sostanzialmente uguali a partire dal 21 marzo 2025, subordinato alla continuazione del rapporto di lavoro.
  • Stato di proprietà: Le azioni sono detenute direttamente dalla persona che presenta la segnalazione.

La presentazione non segnala nuovi acquisti o vendite di azioni; si tratta di una correzione amministrativa. Tuttavia, se l'opzione venisse esercitata completamente, si emetterebbero fino a 602.346 nuove azioni, causando una modesta diluizione potenziale per gli azionisti esistenti. Poiché l'opzione matura in quattro anni, la diluizione sarebbe graduale e dipenderebbe dall'apprezzamento del prezzo delle azioni oltre i 2,97 $.

Considerazioni per gli investitori: (1) La direzione ha rettificato un errore amministrativo precedente, dimostrando conformità normativa; (2) il pacchetto di incentivi a lungo termine del CEO ha ora termini confermati, allineando i suoi interessi con quelli degli azionisti; (3) non vi è alcun esborso di cassa immediato né impatto sui ricavi associato alla modifica.

Inhibikase Therapeutics, Inc. (IKT) ha presentado un Formulario 4 enmendado (Formulario 4/A) para el Director Ejecutivo y Director Mark T. Iwicki. El único propósito de la enmienda es corregir dos datos que fueron erróneamente declarados en el Formulario 4 original presentado el 25 de febrero de 2025: (i) el precio de ejercicio de una concesión de opción sobre acciones y (ii) su fecha de vencimiento.

Términos clave de la concesión de la opción (originalmente otorgada el 21 de febrero de 2025):

  • Valor derivado: opción sobre acciones no calificada para comprar 602,346 acciones ordinarias.
  • Precio de ejercicio corregido: $2.97 por acción.
  • Fecha de vencimiento corregida: 21 de febrero de 2035 (plazo de 10 años).
  • Calendario de adquisición: 48 cuotas mensuales sustancialmente iguales a partir del 21 de marzo de 2025, condicionado a la continuidad del empleo.
  • Estado de propiedad: Las acciones están en manos directas de la persona que reporta.

La presentación no informa nuevas compras o ventas de acciones; es una corrección administrativa. Sin embargo, si la opción se ejerce en su totalidad, se emitirían hasta 602,346 nuevas acciones, lo que generaría una modesta dilución potencial para los accionistas existentes. Dado que la opción se adquiere durante cuatro años, la dilución sería gradual y dependería de la apreciación del precio por encima de $2.97.

Conclusiones para inversores: (1) La dirección ha corregido un error administrativo anterior, demostrando cumplimiento normativo; (2) el paquete de incentivos a largo plazo del CEO ahora tiene términos confirmados, alineando sus intereses con los de los accionistas; (3) no hay flujo de efectivo inmediato ni impacto en ingresos asociado con la enmienda.

Inhibikase Therapeutics, Inc. (IKT)ëŠ� 최고경ì˜ìž�(CEO) ê²� ì´ì‚¬ì� Mark T. Iwickiì—� 대í•� 수정ë� Form 4 (Form 4/A)ë¥� 제출했습니다. 수정ì� 유ì¼í•� 목ì ì€ 2025ë…� 2ì›� 25ì� 제출ë� ì›ëž˜ Form 4ì—서 잘못 기재ë� ë‘� 가지 ë°ì´í„� í¬ì¸íŠ¸ë¥¼ 바로잡는 것입니다: (i) 주ì‹ë§¤ìˆ˜ì„ íƒê¶Œì˜ 행사갶Äê²�ê³� (ii) ê·� 만료ì�.

옵션 ë¶€ì—¬ì˜ ì£¼ìš” ì¡°ê±´ (ì›ëž˜ 2025ë…� 2ì›� 21ì� 부여ë¨):

  • 파ìƒì¦ê¶Œ: 보통ì£� 602,346주를 매수í•� ìˆ� 있는 비ì ê²� 주ì‹ë§¤ìˆ˜ì„ íƒê¶�.
  • 수정ë� 행사갶Äê²�: 주당 2.97달러.
  • 수정ë� 만료ì�: 2035ë…� 2ì›� 21ì� (10ë…� 만기).
  • 베스íŒ� ì¼ì •: 2025ë…� 3ì›� 21ì¼ë¶€í„� 시작ë˜ëŠ” ê±°ì˜ ë™ì¼í•� 48개월 ë¶„í•  ì§€ê¸�, ê³„ì† ê³ ìš© ì¡°ê±´ë¶€.
  • 소유 ìƒíƒœ: ë³´ê³ ìžê°€ ì§ìΪ 주ì‹ì� 보유.

ì´ë²ˆ ì œì¶œì€ ìƒˆë¡œìš� ì£¼ì‹ ë§¤ìˆ˜ ë˜ëŠ” 매ë„ë¥� 보고하지 않으ë©�, 행정ì � 수정ì—� 해당합니ë‹�. 그럼ì—ë„ ë¶ˆêµ¬í•˜ê³ , 옵션ì� 완전íž� 행사ë� 경우 최대 602,346ì£¼ì˜ ì‹ ì£¼ê°€ 발행ë˜ì–´ 기존 주주들ì—ê²� 약간ì� í¬ì„ 효과가 ë°œìƒí•� ìˆ� 있습니다. ì˜µì…˜ì€ 4ë…„ì— ê±¸ì³ ë² ìŠ¤íŒ…ë˜ë¯€ë¡� í¬ì„ 효과ëŠ� ì ì§„ì ì´ë©� 주가가 2.97달러ë¥� 초과í•� 경우ì—ë§Œ ë°œìƒí•©ë‹ˆë‹�.

투ìžìž� 참고 사항: (1) ê²½ì˜ì§„ì´ ì´ì „ì� 행정ì � 오류ë¥� 바로잡아 규제 준수를 ìž…ì¦í–ˆìœ¼ë©�; (2) CEOì� 장기 ì¸ì„¼í‹°ë¸Œ 패키지 ì¡°ê±´ì� 확ì¸ë˜ì–´ 주주와 ì´í•´ê´€ê³„ê°€ ì¼ì¹˜í•�; (3) 수정ê³� ê´€ë ¨ëœ ì¦‰ê°ì ì¸ 현금 유출ì´ë‚˜ ìˆ˜ìµ ì˜í–¥ì€ ì—†ìŒ.

Inhibikase Therapeutics, Inc. (IKT) a déposé un formulaire 4 modifié (Form 4/A) pour le Directeur Général et Administrateur Mark T. Iwicki. L'unique but de cet amendement est de corriger deux données erronées dans le formulaire 4 original déposé le 25 février 2025 : (i) le prix d'exercice d'une attribution d'option d'achat d'actions et (ii) sa date d'expiration.

Principaux termes de l'attribution d'option (initialement attribuée le 21 février 2025) :

  • Valeur dérivée : option d'achat d'actions non qualifiée portant sur 602 346 actions ordinaires.
  • Prix d'exercice corrigé : 2,97 $ par action.
  • Date d'expiration corrigée : 21 février 2035 (durée de 10 ans).
  • Calendrier d'acquisition : 48 versements mensuels substantiellement égaux à partir du 21 mars 2025, sous réserve de la poursuite de l'emploi.
  • Statut de propriété : Les actions sont détenues directement par la personne déclarant.

Le dépôt ne signale pas de nouveaux achats ou ventes d'actions ; il s'agit d'une correction administrative. Néanmoins, si l'option était exercée intégralement, jusqu'à 602 346 nouvelles actions seraient émises, ce qui entraînerait une dilution potentielle modérée pour les actionnaires existants. Comme l'option est acquise sur quatre ans, la dilution serait progressive et dépendrait d'une appréciation du cours au-delà de 2,97 $.

Points clés pour les investisseurs : (1) La direction a corrigé une erreur administrative antérieure, démontrant sa conformité réglementaire ; (2) le plan d'incitation à long terme du CEO a désormais des termes confirmés, alignant ses intérêts avec ceux des actionnaires ; (3) aucun décaissement immédiat ni impact sur les revenus n'est lié à cet amendement.

Inhibikase Therapeutics, Inc. (IKT) hat ein geändertes Formular 4 (Form 4/A) für CEO und Direktor Mark T. Iwicki eingereicht. Der einzige Zweck der Änderung besteht darin, zwei fehlerhaft angegebene Datenpunkte im ursprünglichen am 25. Februar 2025 eingereichten Formular 4 zu korrigieren: (i) den ´¡³Ü²õü²ú³Ü²Ô²µ²õ±è°ù±ð¾±²õ einer Aktienoptionszuteilung und (ii) deren Ablaufdatum.

Wesentliche Bedingungen der Optionszuteilung (ursprünglich am 21. Februar 2025 gewährt):

  • Derivative Sicherheit: nicht qualifizierte Aktienoption zum Kauf von 602.346 Stammaktien.
  • Korrigierter ´¡³Ü²õü²ú³Ü²Ô²µ²õ±è°ù±ð¾±²õ: 2,97 $ pro Aktie.
  • Korrigiertes Ablaufdatum: 21. Februar 2035 (10 Jahre Laufzeit).
  • Vesting-Zeitplan: 48 im Wesentlichen gleichmäßige monatliche Raten beginnend am 21. März 2025, abhängig von fortgesetzter Beschäftigung.
  • Eigentumsstatus: Die Aktien werden direkt von der meldenden Person gehalten.

Die Einreichung meldet keine neuen Käufe oder Verkäufe von Aktien; es handelt sich um eine administrative Korrektur. Dennoch würde die vollständige Ausübung der Option zur Ausgabe von bis zu 602.346 neuen Aktien führen, was eine moderate potenzielle Verwässerung für bestehende Aktionäre darstellt. Da die Option über vier Jahre vestet, wäre die Verwässerung schrittweise und abhängig von einer Kurssteigerung über 2,97 $.

Wichtige Erkenntnisse für Investoren: (1) Das Management hat einen früheren Schreibfehler korrigiert und damit die Einhaltung der Vorschriften demonstriert; (2) das langfristige Anreizpaket des CEO hat nun bestätigte Bedingungen, die seine Interessen mit denen der Aktionäre in Einklang bringen; (3) mit der Änderung sind keine sofortigen Auszahlungen oder Umsatzwirkungen verbunden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ALAM JOHN J

(Last) (First) (Middle)
20 PARK PLAZA, SUITE 424

(Street)
BOSTON MA 02116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CervoMed Inc. [ CRVO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO & President
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)(1) $6.52 06/23/2025 A 8,100 (2) 06/23/2035 Common Stock 8,100 $0 8,100 I By Spouse
Explanation of Responses:
1. Consists of an option to purchase shares of common stock granted to Sylvie Gregoire, PharmD., the Reporting Person's spouse and a non-employee director of the Issuer. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
2. The shares of common stock underlying the award will vest on a monthly basis over a one-year period in substantially equal 1/12th increments on the last day of each month beginning on June 30, 2025, subject to the Dr. Gregoire's continued service through the applicable vesting date.
/s/ William R. Elder, attorney-in-fact for the Reporting Person 06/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What was corrected in Inhibikase Therapeutics' Form 4/A for ticker IKT?

The amendment fixes the $2.97 exercise price and 21 Feb 2035 expiration date of a CEO stock-option grant.

How many options were granted to CEO Mark T. Iwicki?

He received 602,346 stock options for common shares.

What is the vesting schedule for the IKT CEO option grant?

The options vest in 48 equal monthly installments beginning 21 Mar 2025, subject to continued employment.

Does the Form 4/A report any new share purchases or sales?

No. It solely corrects previously misstated terms; no shares were bought or sold.

Could the option grant dilute existing IKT shareholders?

Yes. If fully exercised, 602,346 new shares would be issued, increasing total share count.

What is the tenure of the corrected stock option?

The option expires on 21 Feb 2035, providing a 10-year exercise window.
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Biotechnology
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United States
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