ESOPMay 18, 2026, 04:07 PM
Annexon Grants 243,000 Stock Options to New Employees
AI Summary
Annexon, Inc. announced it has granted inducement equity awards to three new non-executive employees under its 2022 Employment Inducement Award Plan. These awards, approved on May 11, 2026, include options to purchase an aggregate of 243,000 shares of Annexon common stock. The options have an exercise price of $5.21 per share and vest over a four-year period.
Key Highlights
- Granted options to purchase 243,000 shares of common stock.
- Awards granted to three new non-executive employees.
- Exercise price set at $5.21 per share, the closing price on May 15, 2026.
- Options have a ten-year term.
- Vesting occurs over 4 years, with 25% on the first anniversary and monthly thereafter.
Price Impact
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