other material
confidence high
sentiment neutral
materiality 0.30
Former CFO Marc Wilson transitions to consultant role through April 2026
Crinetics Pharmaceuticals, Inc.
- Wilson resigned as employee on April 1, 2025, and entered a consulting agreement through April 1, 2026, with a possible six-month extension.
- He will receive $300 per hour for services plus reimbursement of reasonable out-of-pocket expenses.
- Outstanding equity awards continue vesting during consulting period; accelerates upon termination without cause, death, disability, or change in control.
- The agreement includes a general release of claims against the company.