Travere Therapeutics Inc. Announces Amendments to Equity Incentive Plan, Approved by Stockholders

Reuters
05-17
Travere <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc. Announces Amendments to Equity Incentive Plan, Approved by Stockholders

Travere Therapeutics Inc. has announced amendments to its Equity Incentive Plan, which were approved by stockholders on May 17, 2023. The latest amendments by the Board of Directors were made on March 25, 2024, with stockholder approval set for May 8, 2024. The updated plan succeeds the 2015 and 2014 incentive plans, incorporating any unallocated shares from these prior plans into the current Share Reserve. This allows for immediate issuance under the new plan's stock awards. The modifications ensure that any shares from expired or forfeited stock awards under the previous plans will also be added to the Share Reserve, thereby optimizing the allocation and availability of shares for future grants.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Travere Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001438533-25-000034), on May 16, 2025, and is solely responsible for the information contained therein.

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