other material
confidence high
sentiment neutral
materiality 0.40
Instil Bio grants retention bonuses to CEO and CFO totaling ~$657k
Instil Bio, Inc.
- CEO Bronson Crouch retention bonus $423,832.50; CFO Sandeep Laumas $232,875.
- Bonuses earned if employed through Feb 22, 2024; repayable if resign without good reason or fired for cause.
- If terminated without cause or resign for good reason before retention date, bonus not repayable but reduces severance.