Elutia adopted the 2026 Inducement Award Plan on March 3, 2026. The plan allows grants of non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, and other stock- or cash-based awards. Up to 2 million shares of Class A common stock may be issued under the plan. The compensation committee will administer the plan, including setting award terms and vesting schedules. Stock options and stock appreciation rights must have an exercise price of at least 100% of the fair market value on the grant date, and a term of up to 10 years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elutia Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-025311), on March 09, 2026, and is solely responsible for the information contained therein.