Compass Pathways granted equity awards to eight newly hired non-executive employees under its 2026 Inducement Plan. The awards, granted on July 1, 2026, consist of options to purchase an aggregate of 63,685 shares and restricted share units or nominal cost options covering an aggregate of 30,300 shares. The options have an exercise price of $13.29 per share, equal to the closing price of the company's American Depositary Shares on the Nasdaq Global Select Market on the grant date, and will vest over four years with 25% vesting on the first anniversary and the remaining 75% vesting in equal monthly installments over the subsequent three years. The restricted share units and nominal cost options will vest in four equal annual installments, subject to each employee's continued employment. The awards were approved by the Compensation and Leadership Development Committee of Compass's Board of Directors as a material inducement to each employee's employment, in accordance with Nasdaq Listing Rule 5635(c)(4).
Compass IncEquity awards to new employees are routine and not material to company performance.
Compass Pathways Plc