Quoin Pharmaceuticals Ltd. has approved new forms of stock option award agreements for directors and executive officers under its 2025 Equity Incentive Plan. The updated agreements allow options to be exercised through various payment methods, including cash, check, wire transfer, and cashless exercise mechanisms. In the event of termination, unvested awards will be forfeited immediately. Vested awards may be exercised for up to one year after death or disability, or up to three months after termination for reasons other than death, disability, or cause. All awards, whether vested or unvested, will be forfeited immediately upon termination for cause.
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. Quoin Pharmaceuticals Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-113237), on November 17, 2025, and is solely responsible for the information contained therein.
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