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.
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.