Terns Pharmaceuticals Grants Equity Awards to New Employees Under Inducement Plan

Reuters01-03

Terns Pharmaceuticals Grants Equity Awards to New Employees Under Inducement Plan

Terns Pharmaceuticals Inc. has granted equity inducement awards to two new employees under its 2022 Employment Inducement Award Plan. The awards include options to purchase a total of 312,000 shares of Terns common stock, with an exercise price of $40.40 per share, reflecting the closing price on December 31, 2025. The options have a 10-year term and will vest over four years, contingent on continued employment.

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. Terns Pharmaceuticals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9619141-en) on January 02, 2026, and is solely responsible for the information contained therein.

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