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Geron grants stock options to new hires as inducements under Nasdaq rules

Company Fundamentals
18 May 2026
GlobeNewsWire
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Neutral
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Geron Corporation granted stock options for 333,750 shares to five new employees as inducements to join the company, effective May 15, 2026. The options have an exercise price of $1.29 per share, matching the closing stock price on the grant date, with a ten-year term and vesting over four years. This move aligns with Nasdaq Listing Rule 5635(c)(4) and aims to attract talent to support Geron's biopharmaceutical developments, including its telomerase inhibitor RYTELO® for blood cancer treatment. The inducement grants reflect Geron's ongoing efforts to strengthen its workforce amid pivotal clinical trials and commercial activities.

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