ESOPJun 5, 2026, 08:01 AM
Collegium Pharma Grants 50,305 RSUs to 34 New Hires
AI Summary
Collegium Pharmaceutical, Inc. announced it granted 50,305 restricted stock units (RSUs) to 34 newly hired non-executive employees on June 1, 2026. These inducement grants were made under the Company's 2026 Inducement Plan, adopted by the board on May 11, 2026, to attract new talent. The RSUs will vest in installments over three years, with one-third vesting on June 10, 2027, and the remainder annually thereafter, contingent on continued employment.
Key Highlights
- Collegium Pharmaceutical granted 50,305 restricted stock units (RSUs).
- RSUs were awarded to 34 newly hired non-executive individuals.
- Grants were made under the 2026 Inducement Plan, adopted May 11, 2026.
- One-third of the RSUs will vest on June 10, 2027.
- The balance of RSUs will vest in equal annual installments over two years.
- The grants serve as a material inducement for new employment.
- RSUs will be settled in shares of the Company's common stock.
Price Impact
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