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Arcutis grants 269,000 stock units and 70,000 options to 40 new hires under Nasdaq rules.

Company Fundamentals
08 May 2026
Na
View Source
Neutral
pluang ai news

Arcutis Biotherapeutics awarded 269,000 restricted stock units and 70,000 stock options to 40 new employees as inducements under Nasdaq Listing Rule 5635(c)(4). The stock units vest over four years with annual 25% increments, while options vest over four years with a one-year cliff and monthly vesting thereafter. The options have a 10-year term and an exercise price of $23.35, matching the stock's closing price on May 1, 2026. This move aims to attract and retain talent as Arcutis continues developing innovative dermatology treatments.

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