tiprankstipranks
Cocrystal Pharma Boosts Executive and Director Compensation
Company Announcements

Cocrystal Pharma Boosts Executive and Director Compensation

Pick the best stocks and maximize your portfolio:

The latest announcement is out from Cocrystal Pharma ( (COCP) ).

Cocrystal Pharma, Inc. has rewarded its top executives and non-employee directors with significant financial incentives following the Board of Directors’ ratification of the Compensation Committee’s decisions. Both Co-CEOs received a salary increase to $416,000, a $200,000 bonus, and 40,000 restricted stock units (RSUs). Additionally, non-employee directors were granted cash stipends ranging from $36,300 to $100,000 and RSUs between 8,067 and 28,109, with half of the RSUs vesting immediately and the rest over two years. These moves underscore the company’s commitment to retaining and motivating its leadership team.

See more insights into COCP stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyCocrystal Pharma reports Q3 EPS (49c), consensus (57c)
Brian AndersonCocrystal Pharma (COCP) Q3 Earnings Cheat Sheet
TipRanks Auto-Generated NewsdeskCocrystal Pharma Advances Antiviral Drug Development
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App