
ESOPApr 10, 2026, 04:06 PM
Korro Bio Grants 15,000 Stock Options to New Employee
AI Summary
Korro Bio, Inc. announced the grant of a non-statutory stock option to a newly hired employee. The option allows the purchase of 15,000 shares of common stock at an exercise price of $13.46 per share, matching the closing price on April 8, 2026. This grant, approved by independent directors under the 2026 Inducement Plan, vests over four years and serves as an inducement for the employee's acceptance of employment.
Key Highlights
- Granted 15,000 stock options to one new employee.
- Exercise price set at $13.46 per share.
- Options vest over a four-year period.
- Approved under the 2026 Inducement Plan.
Price Impact
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