ESOPMay 8, 2026, 04:07 PM
Vera Therapeutics Grants Stock Options & RSUs to 10 New Hires
AI Summary
Vera Therapeutics, Inc. announced that its Compensation Committee granted inducement awards to ten new employees on May 4, 2026. These awards include non-qualified stock options to purchase 40,250 shares and restricted stock units (RSUs) underlying 20,125 shares of Class A common stock. The awards were approved as a material inducement for employment under the company's 2024 Inducement Plan. The stock options have an exercise price of $35.51 per share and both stock options and RSUs will vest over four years, subject to continued employment.
Key Highlights
- Vera Therapeutics granted inducement awards to 10 new employees.
- Non-qualified stock options for 40,250 shares of Class A common stock were granted.
- Restricted stock units (RSUs) underlying 20,125 shares of Class A common stock were granted.
- Stock options have an exercise price of $35.51 per share, based on May 4, 2026 closing price.
- Stock options vest over four years: 25% on first anniversary, then monthly over 36 months.
- RSU awards vest over four years: 25% on each anniversary of May 20, 2026.
Price Impact
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