NERV - President at Minerva Neurosciences Acquires Company Stock Options Worth 87050 Shares | Benzinga
Geoff Race, President at Minerva Neurosciences (NASDAQ:NERV), reported a large acquisition of company stock options on October 5, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Race, President at Minerva Neurosciences, a company in the Health Care sector, was just awarded stock options worth 87,050 shares of NERV. The options give Race the right to buy the company's stock at $6.41 per share.
Minerva Neurosciences shares are trading up 7.72% at $6.7 at the time of this writing on Friday morning. Since the current price is $6.7, this makes Race's 87,050 shares worth $583,235.