StockWatch
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Biotechnology: Biological Products (No Diagnostic Substances)
ESOPJul 2, 2026, 05:31 PM

Vor Bio grants 7 new hires stock options for 71,200 shares & 15,150 RSUs

AI Summary

Vor Bio announced that on July 1, 2026, its Compensation Committee granted stock options for 71,200 shares and Restricted Stock Units (RSUs) for 15,150 shares to 7 newly hired employees. These awards serve as material inducements to employment, in accordance with Nasdaq Listing Rule 5635(c)(4) and the company's 2023 Inducement Plan. The stock options have an exercise price of $18.39 per share, and both the options and RSUs will vest over a four-year period, with 25% vesting after 12 months.

Key Highlights

  • 7 new employees received inducement awards.
  • Stock options granted for 71,200 shares of common stock.
  • Restricted Stock Units (RSUs) granted for 15,150 shares.
  • Stock option exercise price set at $18.39 per share.
  • Options and RSUs vest over a four-year period.
  • 25% of shares vest after 12 months of employment.
  • Remaining shares vest monthly (options) or quarterly (RSUs) over 36 months.