Cocrystal Pharma Inc. has approved new compensation terms for its directors, executive officers, and a consultant, effective January 9, 2026. The Compensation Committee granted non-qualified stock options under the company's 2025 Equity Incentive Plan, with a 10-year term and an exercise price set at the closing price on January 8, 2026. The options will vest in two parts: half on January 9, 2027, and the remainder in eight equal quarterly installments starting March 31, 2027, contingent on continued service. Notably, Dr. Roger Kornberg and Dr. Philip Frost each received a total of 24,615 stock options, reflecting additional grants for serving as chairman and lead director, respectively. In addition, Dr. Kornberg was awarded a $50,000 cash payment for his role as chairman of the Scientific Advisory Board.
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. Cocrystal Pharma 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: 0001493152-26-002422), on January 15, 2026, and is solely responsible for the information contained therein.
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