Biotech Firms Grant New-Hire Stock Options

Milestone Pharmaceuticals, Zentalis Pharmaceuticals, Dianthus Therapeutics and C4 Therapeutics each announced stock-option grants to newly hired employees as employment inducements under Nasdaq rules. The grants ranged from 26,000 options at Dianthus to 136,000 options for four hires at Zentalis; Milestone granted 33,000 options to one hire, and C4 granted 85,480 options to one hire. The awards generally vest over four years, with vesting contingent on continued employment.





