ESOPJun 2, 2026, 04:06 PM
Equillium Grants 145,000 Stock Options to New Employee
AI Summary
Equillium, Inc. announced that its Compensation Committee granted an inducement award of nonstatutory stock options to a new employee on June 1, 2026. The award covers 145,000 shares of common stock at an exercise price of $3.08 per share. These options will vest over four years, with 25% vesting on the first anniversary and the remainder monthly over 36 months, subject to continued service.
Key Highlights
- Equillium granted 145,000 nonstatutory stock options to a new employee.
- The options were granted on June 1, 2026, under the 2024 Inducement Plan.
- The exercise price is $3.08 per share, matching the closing stock price.
- Vesting occurs over four years, with 25% on the one-year anniversary.
- The remaining shares vest monthly over 36 months, subject to continued service.
Price Impact
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