Arcus Biosciences Grants Employment Inducement Options and Stock Units to New Employees

Reuters
05-28
Arcus Biosciences Grants Employment Inducement Options and Stock Units to New Employees

Arcus Biosciences Inc., a clinical-stage global biopharmaceutical company, has announced new employment inducement grants for two new employees. The grants include options to purchase a total of 13,400 shares of the company's common stock at an exercise price of $9.02 per share, reflecting the closing price on May 23, 2025. Additionally, the employees were awarded restricted stock units to acquire a total of 13,400 shares of the company's common stock. These equity awards are part of the Company's 2020 Inducement Plan, approved by the Board of Directors in January 2020 under the NYSE's inducement exception rule.

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. Arcus Biosciences Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250527964946) on May 27, 2025, and is solely responsible for the information contained therein.

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