Summit Therapeutics Grants Stock Options to Seventeen New Employees

Reuters01-10

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

Summit Therapeutics Inc. has granted inducement awards of options to purchase up to 214,331 shares of common stock to seventeen new employees. The options have a ten-year term with an exercise price of $18.66 per share, reflecting the closing price on January 6, 2026. The awards will vest in equal annual installments over a four-year period and are governed by individual stock option agreements.

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: 20260109884241) on January 10, 2026, and is solely responsible for the information contained therein.

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