ImmunityBio Sets Director Pay at $50,000 Plus $300,000 Stock Options for New Board Member

Reuters12-16

ImmunityBio Sets Director Pay at $50,000 Plus $300,000 Stock Options for New Board Member

ImmunityBio, Inc. has appointed Bruce Wendel to its Board of Directors, effective December 12, 2025. Under the company's Amended and Restated Director Compensation Policy, Wendel will receive annual cash compensation of $50,000 for his service as a board member. Additionally, he has been granted an initial award of stock options valued at $300,000, based on the Black-Scholes method, which will vest in equal installments over three years. The company will also reimburse him for reasonable travel expenses related to board meetings.

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. Immunitybio Inc. 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: 0001326110-25-000146), on December 15, 2025, and is solely responsible for the information contained therein.

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