StockWatch
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Biotechnology: Biological Products (No Diagnostic Substances)
ESOPMay 5, 2026, 07:04 AM

Invivyd Grants 731,000 Stock Options to 17 New Employees

AI Summary

Invivyd, Inc. announced that it granted options to purchase an aggregate of 731,000 shares of its common stock to 17 newly hired non-executive employees on May 1, 2026. These options, serving as a material inducement for employment, have an exercise price of $1.52 per share, which was the closing price on the grant date. The options will vest over four years and are subject to the terms of the Invivyd, Inc. 2026 Inducement Plan.

Key Highlights

  • Invivyd granted 731,000 stock options to 17 new employees.
  • Options were granted on May 1, 2026, as employment inducement.
  • The exercise price for the options is $1.52 per share.
  • Options vest over four years, with 25% on the first anniversary.
  • The grants are under the Invivyd, Inc. 2026 Inducement Plan.
  • Options have a 10-year term.