Summit Therapeutics Grants Stock Options to New Employees

Reuters12-06 05:30

<a href="https://laohu8.com/S/SMMT">Summit</a> <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Grants Stock Options to New Employees

Summit Therapeutics Inc. has granted inducement awards of stock options to nine new employees, allowing them to purchase up to a total of 67,483 shares of common stock. The options were granted on December 2, 2025, at an exercise price of $17.25 per share, matching the closing price on the grant date. Each option has a ten-year term and will vest in equal annual installments over four years.

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. Summit Therapeutics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251205119192) on December 05, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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