StockWatch
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Biotechnology: Pharmaceutical Preparations
ESOPMay 8, 2026, 04:31 PM

Fulcrum Therapeutics Grants 55,500 Stock Options to New Employees

AI Summary

Fulcrum Therapeutics, Inc. granted 55,500 non-statutory stock options to two new employees as an inducement to employment, in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $7.02 per share, matching the closing price on the May 4, 2026 grant date. These options vest over four years, with 25% vesting on the first anniversary and the remainder in equal quarterly installments over the subsequent three years, subject to continued service.

Key Highlights

  • Granted 55,500 non-statutory stock options to two new employees.
  • Exercise price for the options is $7.02 per share.
  • Grant effective date was May 4, 2026.
  • Options have a ten-year term.
  • Vesting schedule: 25% on first anniversary, then 6.25% quarterly for 12 quarters.