Adial Pharmaceuticals grants new-hire stock option for 155,446 shares at $4.22
ADIL•Adial Pharmaceuticals granted a new employee an option for 155,446 common shares at an exercise price of $4.22 per share, with a 10-year term and vesting over four years.
1. Option award terms
The exercise price is based on the September 25, 2026 closing price. Twenty-five percent of the shares vest after one year, with the remainder vesting in equal monthly installments, subject to continued service.
