other material
confidence high
sentiment neutral
materiality 0.40
Reviva Pharmaceuticals adjusts exec compensation; CEO salary $565k, options at $1.80
REVIVA PHARMACEUTICALS HOLDINGS, INC.
- Dr. Bhat base salary to $565k; CFO Prabhu $330k; VP Bhat $340k, effective retroactive Jan 1, 2025.
- 2024 cash bonuses: Dr. Bhat $157,500; Mr. Prabhu $79,950; Ms. Bhat $77,500.
- 2025 bonus targets: 50% of base (CEO), 41% (CFO), 32% (VP), subject to Compensation Committee criteria.
- Option grants at $1.80 strike: CEO 519k shares, CFO 194.25k, VP 181.5k; ~42% vested immediately, rest monthly through Dec 2027.