Cartesian Therapeutics Announces New Employment Inducement Grants
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Cartesian Therapeutics, Inc. (NASDAQ: RNAC) announced the granting of inducement awards to three new employees, involving options to purchase 19,324 shares at $16.93 per share. These options are part of the company's 2018 Employment Inducement Incentive Award Plan and will fully vest by 2029.
January 07, 2025 | 12:15 pm
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Cartesian Therapeutics granted stock options to new employees as part of their inducement plan, potentially impacting stock price due to employee incentives.
The issuance of stock options to new employees is a standard practice to align employee interests with company performance. While it may not have an immediate impact on stock price, it could influence long-term performance and employee retention.
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