ESOPMay 18, 2026, 04:02 PM
Geron Grants 333,750 Stock Options to New Employees
AI Summary
Geron Corporation reported that it granted stock options to purchase an aggregate of 333,750 shares of common stock to five newly hired employees, effective May 15, 2026. These options, with an exercise price of $1.29 per share, were provided as an inducement for their acceptance of employment. The awards have a ten-year term and vest over four years, subject to continued employment.
Key Highlights
- Geron granted stock options for 333,750 shares of common stock.
- Options were issued to five newly hired employees.
- The exercise price for the options is $1.29 per share.
- The stock options have a ten-year term.
- Vesting occurs over a four-year period.
- Awards were granted under Geron's 2018 Inducement Award Plan.
Price Impact
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