Cogent Biosciences said its board compensation committee approved inducement equity awards for three new employees under the company’s 2020 Inducement Plan. The grants include nonqualified stock options covering 24,000 shares and 21,000 restricted stock units in total, with options priced at the closing share price on Feb. 25, 2026 and carrying a 10-year term. The options vest over four years, with 25% vesting after one year and the remainder vesting monthly over the next 36 months, while the RSUs vest in equal annual installments over four years.
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. Cogent Biosciences Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602280945PRIMZONEFULLFEED9663323) on February 28, 2026, and is solely responsible for the information contained therein.