PTC Therapeutics Announces New Employee Compensation Plan with Stock Options and RSUs
Reuters
Jun 20, 2025
PTC Therapeutics Announces New Employee Compensation Plan with Stock Options and RSUs
PTC Therapeutics Inc. has announced the approval of non-statutory stock options and restricted stock units (RSUs) as part of a new compensation plan for 34 new employees, effective June 16, 2025. The company has granted stock options for 12,725 shares of common stock and 27,790 RSUs, each unit entitling the holder to one share upon vesting. The stock options, priced at $51.87 per share, have a 10-year term and vest over four years, with 25% vesting on the first anniversary of the hire date and the remainder vesting quarterly. The RSUs will vest annually over four years. These awards are part of the Nasdaq inducement grant exception, designed to attract new talent.
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