other material
confidence high
sentiment neutral
materiality 0.25
Adial grants 307,814-share option at $5.76 to new employee
ADIAL PHARMACEUTICALS, INC.
- On Aug 19, 2026, Adial granted an option for 307,814 shares at $5.76 exercise price to a new hire.
- Option has 10-year term; vests 25% after first anniversary, then monthly installments over 4 years.
- Grant approved by Compensation Committee under Nasdaq inducement exception Rule 5635(c)(4).
- Option issued outside equity incentive plans and relies on Section 4(a)(2) exemption.