Spyre Therapeutics Inc. Announces Inducement Awards Granting Stock Options to Non-Executive Employees Under 2018 Equity Plan

Reuters
昨天
Spyre <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc. Announces Inducement Awards Granting Stock Options to Non-Executive Employees Under 2018 Equity Plan

WALTHAM, Mass., May 2, 2025 - Spyre Therapeutics, Inc. $(SYRE)$, a clinical-stage biotechnology company, has announced the approval of stock options as an equity inducement for seven non-executive employees. The company's independent Compensation Committee of the Board of Directors has granted options to purchase a total of 64,400 shares under the Spyre Therapeutics, Inc. 2018 Equity Inducement Plan. Approved on May 1, 2025, the stock options have a 10-year term with an exercise price of $14.66, matching the closing price of Spyre's common stock on that date. The vesting schedule stipulates that one-fourth of the shares become exercisable on the first anniversary of the employee's start date, with the remainder vesting monthly over four years, contingent on continuous service with the company.

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. Spyre Therapeutics Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA78553) on May 02, 2025, and is solely responsible for the information contained therein.

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