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PTC Therapeutics Issues Equity Grants to 18 New Hires

Eighteen new employees at PTC Therapeutics have received stock options and restricted stock units as part of their initial compensation packages. The Warren-based biopharmaceutical firm confirmed the grants were finalized on June 11, 2026, to secure talent under the Nasdaq inducement grant exception rule for incoming staff.

PTC Therapeutics Issues Equity Grants to 18 New Hires
Photo: Bio & News

The company awarded non-statutory options to purchase 10,050 shares alongside 11,870 restricted stock units. Each stock option carries an exercise price of $74.71, matching the closing market value on the day the Compensation Committee approved the awards. These grants are structured to vest over a four-year period, requiring continued service to reach full maturity. The options feature a 10-year term, with a quarter of the shares vesting after the first year and the remainder distributing in quarterly increments. Meanwhile, the restricted stock units follow a standard annual vesting schedule of 25% per year.

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