other material
confidence high
sentiment positive
materiality 0.25
C4 Therapeutics board requires shareholder approval for stock option repricing
C4 Therapeutics, Inc.
- Board approved Amendment No. 1 to the 2020 Stock Option and Incentive Plan on Oct 7, 2024.
- Amendment requires stockholder approval for any reduction in exercise price or repricing of stock options or SARs.
- Previous administrator authority to reprice without stockholder approval is removed.
- Amendment is effective immediately and does not require stockholder approval.