Puma Biotechnology Announces Inducement Stock Awards for New Employees Under 2017 Incentive Plan

Reuters
Sep 05, 2025
Puma Biotechnology Announces Inducement Stock Awards for New Employees Under 2017 Incentive Plan

Puma Biotechnology, Inc., a biopharmaceutical company, announced on September 2, 2025, that its Compensation Committee has approved the grant of restricted stock unit awards for four new non-executive employees. The awards cover a total of 25,750 shares of Puma common stock and are part of the company's 2017 Employment Inducement Incentive Award Plan. These stock units are set to vest over a three-year period, with one-third vesting on the first anniversary of the award's commencement date and the remaining shares vesting in installments every six months thereafter.

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