Company: TVRD
Filing Date: 2025-05-30
Form Type: S-1
Source: 0001104659-25-054853
Chunk: 426

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-05-30
Form: S-1
Chunk 426
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, December 31, 2023                                              |   |    15,731 | ​ | $               | 333.72 |
| Awarded                                                                     |   |    25,108 | ​ |                 |  23.76 |
| Vested and released                                                         |   |   -10,390 | ​ |                 | 288.72 |
| Forfeited                                                                   |   |    -3,811 | ​ |                 | 380.52 |
| Outstanding, December 31, 2024                                              |   |    26,638 | ​ | $               |  52.53 |
| Restricted stock units exercisable (vested and deferred), December 31, 2024 |   |         — | ​ | ​               |      ​ |

Stock Options

A summary of the Company’s stock option activity related to employees, non-employee members of the Board of Directors and non-employee consultants for the 2014 Plan as of and for the year ended December 31, 2024 is as follows:

| ​                                                                              
 ​                                                                              
 ​                                                                              
 ​                                                                              | ​ 
 ​ 
 ​ |         ​ 
         ​ 
 Number of 
    Shares | ​ 
 ​ 
 ​ | ​                
 Weighted         
 Average Exercise 
 Price            |      ​ | ​ 
 ​ 
 ​ | ​         
 Aggregate 
 Intrinsic 
 Value     | ​ |
|:-------------------------------------------------------------------------------|:--|----------:|:--|:-----------------|-------:|:--|:----------|:--|
| Outstanding, December 31, 2023                                                 |   |   219,379 | ​ | $                | 467.64 |   | ​         |   |
| Granted                                                                        |   |    84,587 | ​ |                  |  30.96 |   | ​         |   |
| Exercised                                                                      |   |         — | ​ |                  |      — |   | ​         |   |
| Forfeited                                                                      |   |   -91,980 | ​ |                  | 182.88 |   | ​         |   |
| Expired                                                                        |   |   -98,499 | ​ |                  | 529.29 |   | ​         |   |
| Outstanding, December 31, 2024                                                 |   |   113,487 | ​ | $                | 319.86 | ​ | $         | — |
| Weighted average remaining contractual life as of December