Xenon Pharmaceuticals Grants Equity Inducements to New Employees

Reuters12-05
Xenon Pharmaceuticals Grants Equity Inducements to New Employees

Xenon Pharmaceuticals Inc. has granted equity inducement awards to five new non-officer employees, totaling 39,250 share options. The options have an exercise price of $44.61 per common share, reflecting the closing price on December 4, 2025. The options vest over four years, with 25% vesting on the first anniversary of each employee's start date, and the remaining shares vesting in equal monthly installments over the following three years. Each option has a 10-year term.

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. Xenon Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9597376-en) on December 04, 2025, and is solely responsible for the information contained therein.
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