{"id":978328,"date":"2026-07-02T16:28:00","date_gmt":"2026-07-02T20:28:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/spyre-therapeutics-announces-grants-of-inducement-awards-13\/"},"modified":"2026-07-02T16:28:00","modified_gmt":"2026-07-02T20:28:00","slug":"spyre-therapeutics-announces-grants-of-inducement-awards-13","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/spyre-therapeutics-announces-grants-of-inducement-awards-13\/","title":{"rendered":"Spyre Therapeutics Announces Grants of Inducement Awards"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">WALTHAM, Mass., July  02, 2026  (GLOBE NEWSWIRE) &#8212; Spyre Therapeutics, Inc. (NASDAQ: SYRE) (the \u201cCompany\u201d or \u201cSpyre\u201d), a clinical-stage biotechnology company committed to developing next-generation therapies that elevate the standard in immunology by delivering more complete disease control, greater durability, and a simpler treatment experience for patients, today announced that Spyre\u2019s independent Compensation Committee of the Board of Directors approved the grant of stock options to purchase an aggregate of 58,843 shares of common stock of Spyre and 2,134 restricted stock units (\u201cRSUs\u201d) to six non-executive employees as equity inducement awards under the Spyre Therapeutics, Inc. 2018 Equity Inducement Plan, as amended (the \u201c2018 Plan\u201d). The stock options and RSUs were approved on July 1, 2026 and were material to each employee&#8217;s acceptance of employment with Spyre, in accordance with Nasdaq Listing Rule 5635(c)(4).<\/p>\n<p>The stock options were granted with a 10-year term and an exercise price equal to $88.89, the closing price per share of Spyre&#8217;s common stock as reported by Nasdaq on July 1, 2026. The options granted to the employees shall vest and become exercisable as to one-fourth (1\/4th) of the shares subject to the respective options on the first anniversary of the employee\u2019s start date, and one-forty-eighth (1\/48th) of the shares subject to the respective options shall vest and become exercisable monthly thereafter, in each case, subject to continuous service with Spyre through the applicable vesting dates. The RSUs granted to the employees shall vest as to one-fourth (1\/4<sup>th<\/sup>) of the shares subject to the respective RSUs on each anniversary of the next February 15, May 15, August 15, or November\u00a015\u00a0occurring\u00a0on or after the\u00a0employee\u2019s start date, subject to continuous service with Spyre through the applicable vesting dates. The stock options and RSUs are subject to the terms of the 2018 Plan.<\/p>\n<p>\n        <strong>About Spyre Therapeutics<\/strong>\n      <\/p>\n<p>Spyre Therapeutics is a clinical-stage biotechnology company committed to developing next-generation therapies that elevate the standard in immunology by delivering more complete disease control, greater durability, and a simpler treatment experience for patients. Spyre&#8217;s pipeline includes investigational extended half-life antibodies targeting \u03b14\u03b27, TL1A, and IL-23.<\/p>\n<p>For more information, please visit http:\/\/spyre.com.<\/p>\n<p>\n        <strong>For Investors<\/strong><br \/>\n        <strong>:<\/strong><br \/>\n        <br \/>Eric McIntyre<br \/>SVP of Finance and Investor Relations<br \/>Spyre Therapeutics<br \/>Eric.mcintyre@spyre.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTc1NjI5NyM3Njg5MTE2IzIyOTQ4MTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MjBiODU0ZTktMTFiOS00NDQ0LTkxZWQtNDIwNmRjNTIxOGQ4LTEzMDYzNjMtMjAyNi0wNy0wMi1lbg==\/tiny\/Spyre-Therapeutics-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WALTHAM, Mass., July 02, 2026 (GLOBE NEWSWIRE) &#8212; Spyre Therapeutics, Inc. (NASDAQ: SYRE) (the \u201cCompany\u201d or \u201cSpyre\u201d), a clinical-stage biotechnology company committed to developing next-generation therapies that elevate the standard in immunology by delivering more complete disease control, greater durability, and a simpler treatment experience for patients, today announced that Spyre\u2019s independent Compensation Committee of the Board of Directors approved the grant of stock options to purchase an aggregate of 58,843 shares of common stock of Spyre and 2,134 restricted stock units (\u201cRSUs\u201d) to six non-executive employees as equity inducement awards under the Spyre Therapeutics, Inc. 2018 Equity Inducement Plan, as amended (the \u201c2018 Plan\u201d). The stock options and RSUs were approved on July 1, 2026 and were material to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spyre-therapeutics-announces-grants-of-inducement-awards-13\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Spyre Therapeutics Announces Grants of Inducement Awards&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-978328","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spyre Therapeutics Announces Grants of Inducement Awards - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/spyre-therapeutics-announces-grants-of-inducement-awards-13\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spyre Therapeutics Announces Grants of Inducement Awards - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WALTHAM, Mass., July 02, 2026 (GLOBE NEWSWIRE) &#8212; Spyre Therapeutics, Inc. (NASDAQ: SYRE) (the \u201cCompany\u201d or \u201cSpyre\u201d), a clinical-stage biotechnology company committed to developing next-generation therapies that elevate the standard in immunology by delivering more complete disease control, greater durability, and a simpler treatment experience for patients, today announced that Spyre\u2019s independent Compensation Committee of the Board of Directors approved the grant of stock options to purchase an aggregate of 58,843 shares of common stock of Spyre and 2,134 restricted stock units (\u201cRSUs\u201d) to six non-executive employees as equity inducement awards under the Spyre Therapeutics, Inc. 2018 Equity Inducement Plan, as amended (the \u201c2018 Plan\u201d). 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