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Larimar Therapeutics Aligns Executive Incentives with Milestones
Company Announcements

Larimar Therapeutics Aligns Executive Incentives with Milestones

Story Highlights
  • Larimar Therapeutics granted PSUs to key executives on January 22, 2025.
  • The awards are linked to regulatory milestones, aligning executive incentives with strategic goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Larimar Therapeutics ( (LRMR) ) has issued an announcement.

On January 22, 2025, Larimar Therapeutics’ Board of Directors granted performance-based restricted stock units (PSUs) to key executives, including the CEO, CFO, Chief Development Officer, and Chief Medical Officer. These awards are contingent on achieving certain regulatory milestones, with the vesting process split into two stages, signaling Larimar’s commitment to aligning executive incentives with strategic goals and regulatory success.

More about Larimar Therapeutics

Larimar Therapeutics, Inc. operates in the biotechnology industry, focusing on developing treatments for rare diseases and genetic disorders. The company is dedicated to advancing therapies that address unmet medical needs and improve patient outcomes.

YTD Price Performance: -10.72%

Average Trading Volume: 814,520

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $228.4M

For an in-depth examination of LRMR stock, go to TipRanks’ Stock Analysis page.

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