Adial Pharmaceuticals grants new-hire stock option for 307,814 shares at $5.76 each

Adial Pharmaceuticals granted a new-hire stock option for 307,814 common shares outside its equity incentive plans.

• The exercise price was set at $5.76 per share, matching the Aug. 19, 2026 closing price.
• The option term is 10 years.
• Vesting spans four years: 25% on the first anniversary, then equal monthly installments, subject to continued service.