OnKure Therapeutics reprices 1.7 million underwater stock options to $4.14 per share
OKUR•Option repricing details
OnKure Therapeutics set an option repricing effective Aug. 7, 2026 for underwater employee and consultant stock options.
Eligible options were granted before Jan. 1, 2025 with exercise prices at or above $10 under the 2024 or 2021 plans.
The repriced exercise price resets to $4.14 per share, matching the Class A closing price on the effective date.
Early exercise triggers a premium price equal to the original strike unless service continues for 18 months for senior management.
About 1.7 million shares of options were repriced; original strikes ranged from $13.99 to $24.59 per share.
