Rigel Pharmaceuticals Announces New Inducement Grants for Non-Executive Employees Under NASDAQ Rule 5635(c)(4)

Reuters07-07

<a href="https://laohu8.com/S/RIGL">Rigel Pharmaceuticals</a> Announces New Inducement Grants for Non-Executive Employees Under NASDAQ Rule 5635(c)(4)

Rigel Pharmaceuticals, Inc. has announced the approval of a new Inducement Plan by its Board's Compensation Committee, aimed at providing stock-based incentives to employees. As part of this plan, Rigel has granted 23,075 stock options and restricted stock units to 10 non-executive employees. These awards are set to vest over a four-year period, with an initial one-year cliff, in compliance with NASDAQ Listing Rule 5635(c)(4). This move is part of Rigel's efforts to recognize and reward its employees as they join the company.

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. Rigel Pharmaceuticals Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: SF24159) on July 07, 2025, and is solely responsible for the information contained therein.

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