other material
confidence high
sentiment neutral
materiality 0.60
BioXcel cuts CEO/CFO/CSO 2025 cash comp, grants stock options at $0.4713
BioXcel Therapeutics, Inc.
- CEO Vimal Mehta's 2025 cash compensation reduced to $706,558; granted options for 660,000 shares at $0.4713.
- CFO Richard Steinhart's cash comp reduced to $289,800; granted options for 270,000 shares.
- CSO Frank Yocca's cash comp reduced to $290,500; granted options for 270,000 shares.
- Options vest in 12 equal monthly installments; full acceleration on termination without cause or change in control.