ALEXANDER MARGARET A. sold OVID
February 26, 2025 · Form 4 insider transaction
ALEXANDER MARGARET A. sold 5,279 shares of Ovid Therapeutics Inc. at $0.56 per share, a transaction worth $3.0K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
5,279
Price
$0.56
Total value
$3.0K
InsiderALEXANDER MARGARET A.
RoleOfficer, Director
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 26, 2025
Filing dateFebruary 28, 2025
Shares owned after73,406
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary sale by the Reporting Person.