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LB Pharmaceuticals grants stock options to new SVP under Nasdaq inducement rule

Company Fundamentals
10 Jul 2026
Na
View Source
Neutral
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LB Pharmaceuticals has granted Christopher Zergebel, its new Senior Vice President of Clinical Operations, an inducement equity award of 75,000 stock options. The options have a ten-year term, an exercise price of $32.95 per share, and vest over four years. This grant is part of the Nasdaq Listing Rule 5635(c)(4) inducement exception to attract key talent. LB Pharmaceuticals is advancing its lead drug candidate LB-102 for neuropsychiatric disorders, with ongoing Phase 3 and Phase 2 clinical trials targeting schizophrenia and bipolar depression.

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