StockWatch
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Biotechnology: Pharmaceutical Preparations
ESOPJul 6, 2026, 04:32 PM

Xilio Therapeutics Grants 107,060 Stock Options to 3 New Hires

AI Summary

Xilio Therapeutics, Inc. announced that it granted non-qualified stock options to purchase 107,060 shares of its common stock to three new employees, effective July 1, 2026. The options have an exercise price of $9.22 per share, matching the closing price on the grant date. These options will vest 25% on the first anniversary of employment, with the remaining 75% vesting in 36 equal monthly installments thereafter, subject to continued service.

Key Highlights

  • Granted non-qualified stock options for 107,060 shares of common stock.
  • Options granted to three new employees.
  • Exercise price set at $9.22 per share.
  • Options vest 25% on first anniversary, then 36 equal monthly installments.
  • Granted under Xilio Therapeutics' 2022 Inducement Stock Incentive Plan.