NanoString Tech (NSTG) has released an update to notify the public and investors about its officers.
On January 19, 2024, NanoString Technologies, Inc. awarded retention bonuses to three executives, with a requirement to return the after-tax bonus if employment ends before a set date or a company change in control. The Chief Scientific Officer also received an annual bonus, while the CEO and CFO declined theirs. Additionally, the company revised its compensation policy for non-employee directors, replacing annual equity awards with a cash retainer, payable in two installments in February and March 2024.
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