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ALX Oncology grants 800,000 inducement stock options to new COO Jeff Knight at $1.68/share

Company Fundamentals
17 Apr 2026
GlobeNewsWire
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ALX Oncology approved an inducement stock option grant of 800,000 shares to Jeff Knight, the newly appointed Chief Development and Operating Officer, as part of his employment commencement. The options have an exercise price of $1.68 per share, matching the closing stock price on the grant date, and vest over four years with a one-year cliff. This move aims to attract and retain experienced leadership to advance ALX Oncology's clinical-stage cancer therapies, including its lead candidate evorpacept and pipeline drug ALX2004. The inducement grant complies with Nasdaq Listing Rule 5635(c)(4).

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