Sarepta Therapeutics Announces New Equity Awards Plan as Inducement for Recent Hires

Reuters
07-01
<a href="https://laohu8.com/S/SRPT">Sarepta Therapeutics</a> Announces New Equity Awards Plan as Inducement for Recent Hires

Sarepta Therapeutics Inc., a leader in precision genetic medicine, has announced new equity awards as part of its 2024 Employment Commencement Incentive Plan. On June 30, 2025, the company granted equity awards to 53 newly hired employees. These awards include options to purchase 22,016 shares of Sarepta's common stock and 317,317 restricted stock units (RSUs). The options are priced at $17.10 per share, matching the closing price of Sarepta's stock on the grant date. The options will vest over four years, with an initial 25% vesting after one year and the remainder vesting monthly. Similarly, the RSUs will vest annually over four years, contingent upon 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. Sarepta Therapeutics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250630609767) on June 30, 2025, and is solely responsible for the information contained therein.

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