A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 12 filings in this group are Form 4s for Zevra Therapeutics, Inc.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 12 insider filings shown, the breakdown is 7 compensation award and 5 open-market sale. 5 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market sale
Insider Selling
2026-10-13
ZVRA insider McFarlane Neil F. (Director, President and CEO) sold 20,000 shares (~$224.9K)
McFarlane Neil F., listed as Director, President and CEO at ZEVRA THERAPEUTICS, INC., reported an open-market sale of 20,000 ZVRA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
50,000 |
— |
— |
S |
Open-market sale
|
20,000 |
$11.25 |
$224.9K |
M |
Option exercise
derivative · Restricted Stock Unit
|
50,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: McFarlane Neil F. (Director, President and CEO)
Shares: 20,000
Est. Value: $224.9K
Form 4
Open-market sale
Insider Selling
2026-08-17
ZVRA insider Thompson Rahsaan (Chief Legal & Compliance) sold 42,666 shares (~$474.8K)
Thompson Rahsaan, listed as Chief Legal & Compliance at ZEVRA THERAPEUTICS, INC., reported an open-market sale of 42,666 ZVRA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
42,666 |
$11.13 |
$474.8K |
Filing: Form 4 (Insider Transaction)
Insider: Thompson Rahsaan (Chief Legal & Compliance)
Shares: 42,666
Est. Value: $474.8K
Form 4
Open-market sale
Insider Selling
2026-08-12
ZVRA insider Watton Corey Michael (Director) sold 12,300 shares (~$138.4K)
Watton Corey Michael, listed as Director at ZEVRA THERAPEUTICS, INC., reported an open-market sale of 12,300 ZVRA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
12,300 |
$4.97 |
$61.1K |
S |
Open-market sale
|
12,300 |
$11.25 |
$138.4K |
M |
Option exercise
derivative · Stock Option (right to buy)
|
12,300 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Watton Corey Michael (Director)
Shares: 12,300
Est. Value: $138.4K
Form 4
Open-market sale
Insider Selling
2026-06-23
ZVRA insider Thompson Rahsaan (Chief Legal & Compliance) sold 34,557 shares (~$438.3K)
Thompson Rahsaan, listed as Chief Legal & Compliance at ZEVRA THERAPEUTICS, INC., reported an open-market sale of 34,557 ZVRA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
M |
Option exercise
|
66,667 |
— |
— |
S |
Open-market sale
|
34,557 |
$12.68 |
$438.3K |
M |
Option exercise
derivative · Restricted Stock Unit
|
66,667 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Thompson Rahsaan (Chief Legal & Compliance)
Shares: 34,557
Est. Value: $438.3K
Form 4
Compensation award
Tax / Compensation Filing
2026-06-18
ZVRA insider Form 4 filed for equity award, exercise, or tax withholding
FAVORITO TAMARA A (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (right to buy)
|
30,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: FAVORITO TAMARA A (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-18
ZVRA insider Form 4 filed for equity award, exercise, or tax withholding
Secor Alicia (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (right to buy)
|
30,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Secor Alicia (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-18
ZVRA insider Form 4 filed for equity award, exercise, or tax withholding
Watton Corey Michael (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (right to buy)
|
30,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Watton Corey Michael (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-18
ZVRA insider Form 4 filed for equity award, exercise, or tax withholding
Calder Douglas W (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (right to buy)
|
30,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Calder Douglas W (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-18
ZVRA insider Form 4 filed for equity award, exercise, or tax withholding
Anderson Thomas (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (right to buy)
|
30,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Anderson Thomas (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-06-18
ZVRA insider Form 4 filed for equity award, exercise, or tax withholding
Shih Alvin (Director) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (right to buy)
|
30,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Shih Alvin (Director)
Form 4
Compensation award
Tax / Compensation Filing
2026-05-29
ZVRA insider Form 4 filed for equity award, exercise, or tax withholding
Sangiovanni Timothy J. (SVP, Finance & Corp Controller) filed a Form 4 covering compensation-related activity such as stock awards, option exercises, conversions, or tax withholding. These filings are usually neutral.
Shares were granted as compensation rather than purchased. No cash changed hands, so the filing reflects a pay decision by the company, not a judgement about the price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
A |
Compensation award
derivative · Stock Option (right to buy)
|
40,000 |
— |
— |
A |
Compensation award
derivative · Restricted Stock Unit
|
20,000 |
— |
— |
Filing: Form 4 (Insider Transaction)
Insider: Sangiovanni Timothy J. (SVP, Finance & Corp Controller)
Form 4
Open-market sale
Insider Selling
2026-05-13
ZVRA insider Thompson Rahsaan (Chief Legal & Compliance) sold 1,794 shares (~$20.3K)
Thompson Rahsaan, listed as Chief Legal & Compliance at ZEVRA THERAPEUTICS, INC., reported an open-market sale of 1,794 ZVRA shares in a Form 4 filing. This is a confirmed insider sale, not just a proposed sale notice.
The insider sold shares on the open market. Sales may be discretionary or executed automatically under a pre-arranged Rule 10b5-1 trading plan, and a Form 4 does not always make clear which applies.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
S |
Open-market sale
|
1,794 |
$11.30 |
$20.3K |
Filing: Form 4 (Insider Transaction)
Insider: Thompson Rahsaan (Chief Legal & Compliance)
Shares: 1,794
Est. Value: $20.3K