Castle Biosciences Announces Inducement Grants with RSUs for 66 New Employees Under 2022 Plan

Reuters
06-19
Castle Biosciences Announces Inducement Grants with RSUs for 66 New Employees Under 2022 Plan

Castle Biosciences Inc., a company focused on improving health through innovative tests, announced the approval of new compensation terms involving restricted stock units (RSUs) for 66 employees. On June 14, 2025, the Compensation Committee of the Board of Directors granted RSUs covering a total of 135,978 shares of common stock as part of the company's 2022 Inducement Plan, in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest over a period of four years, with 25% vesting on the first anniversary of the vesting commencement date, and the remaining shares vesting in three equal annual installments, contingent on continued employment.

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. Castle Biosciences Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9470960-en) on June 19, 2025, and is solely responsible for the information contained therein.

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