Petros Pharmaceuticals Awards 7.25 Million RSUs to Board and Executives

Reuters01-03
Petros Pharmaceuticals Awards 7.25 Million RSUs to Board and Executives

Petros Pharmaceuticals Inc. has approved new restricted stock unit (RSU) grants for key members of its leadership and board. Effective January 2, 2026, Chairman Joshua Silverman will receive 4,375,000 RSUs, director Bruce Bernstein will receive 1,875,000 RSUs, President and Chief Commercial Officer Fady Boctor will receive 500,000 RSUs, and director Wayne Walker will receive 500,000 RSUs. Half of each grant vests immediately, with the remaining half vesting six months later, contingent on continued service. These RSUs were issued outside the company's 2020 Omnibus Incentive Compensation Plan.

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