Actinium Pharmaceuticals Announces Inducement Grant to New Employee
The option carries a $1.40 exercise price, with vesting dependent on the employee's continued service.
Sentiment and the balance of points
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Rhea-AI Summary
Actinium Pharmaceuticals (ATNM) granted a newly hired non-executive employee an option to purchase 3,000 common shares on October 26, 2026.
The option has a $1.40 exercise price, equal to the stock's closing price that day, and a ten-year term. Of the underlying shares, 28% vest on the grant's first anniversary; the remainder vest in monthly installments of 2% over the following 36 months. Vesting requires continued service through each applicable date. The employment inducement award was granted outside the Amended and Restated 2019 Stock Plan under the 2026 Employment Inducement Award Plan.
Positive
- None.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Option for 3,000 common shares at $1.40 per share creates potential dilution if exercised.
Key Figures
- Option shares
- 3,000 shares
- Award to a newly hired non-executive employee
- Exercise price
- $1.40 per share
- Equal to the October 26, 2026 closing price
- Option term
- 10 years
- Non-qualified stock option
- Vesting schedule
- 28% at the first anniversary; 2% monthly for 36 months
- Subject to continued service through applicable vesting dates
Historical Context
-
Earlier awards under the 2026 plan included executive options with grant-date closing-price exercise prices.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
non-qualified stock option financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
On October 26, 2026, the Company granted the employee a non-qualified stock option to purchase 3,000 shares of the Company's common stock at an exercise price of
Vesting of the award is subject to the employee's continued service with the Company through the applicable vesting date. The award was granted outside of the Company's Amended and Restated 2019 Stock Plan as an inducement material to the employee's entering into employment with the Company in accordance with Section 711(a) of the NYSE American Company Guide, and is subject to the terms of the Actinium Pharmaceuticals, Inc. 2026 Employment Inducement Award Plan and the applicable award agreement.
About Actinium Pharmaceuticals, Inc.
Actinium is a pioneer in targeted radiotherapies designed to improve outcomes for patients with cancer. The company employs a biology-driven approach to develop differentiated radiopharmaceuticals for solid tumors and hematologic malignancies. Its mission is to transform cancer treatment through innovative radioconjugates that maximize therapeutic efficacy while minimizing toxicity to healthy tissue by combining expertise in tumor biology, translational medicine, and radiochemistry. Since inception, Actinium has focused on developing innovative radiotherapies. Its pipeline reflects this strategy across three areas: (1) solid tumor therapeutics including ATNM-400 and Actimab-A with pan-tumor potential; (2) Actimab-A as a therapeutic backbone for acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS) in collaboration with the National Cancer Institute (NCI); and (3) targeted conditioning agents including Iomab-B for bone marrow transplant and Iomab-ACT for cell and gene therapy conditioning. ATNM-400 targets a novel antigen distinct from PSMA and has demonstrated preclinical activity across metastatic castration-resistant prostate cancer (mCRPC), non-small cell lung cancer (NSCLC), and breast cancer, and is being evaluated in a first-in-human Phase 1 study in mCRPC. Actimab-A has shown improved survival in relapsed/refractory AML with CLAG-M and is advancing toward a Phase 2/3 trial, with additional development ongoing through a CRADA with the NCI. Actinium is also advancing preclinical solid tumor programs and holds ~250 patents and patent applications, including intellectual property related to cyclotron-based production of Ac-225. For more information, please visit www.actiniumpharma.com.
Forward-Looking Statements
This press release may contain projections or other "forward-looking statements" within the meaning of the "safe-harbor" provisions of the private securities litigation reform act of 1995 regarding future events or the future financial performance of the Company which the Company undertakes no obligation to update. These statements are based on management's current expectations and are subject to risks and uncertainties that may cause actual results to differ materially from the anticipated or estimated future results, including the risks and uncertainties associated with the Company's ability to retain key personnel, the Company's ability to obtain additional financing on acceptable terms or at all, the conduct, timing and results of the Company's clinical trials, estimates of potential markets for drugs under development, clinical trials, actions by the FDA and other governmental agencies, regulatory clearances, responses to regulatory matters, the market demand for and acceptance of Actinium's products and services, performance of clinical research organizations and other risks detailed from time to time in Actinium's filings with the Securities and Exchange Commission (the "SEC"), including without limitation its most recent annual report on form 10-K, subsequent quarterly reports on Forms 10-Q and Forms 8-K, each as amended and supplemented from time to time.
Investors: investorrelations@actiniumpharma.com
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SOURCE Actinium Pharmaceuticals, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock option did Actinium Pharmaceuticals grant its new employee?
Actinium granted a newly hired non-executive employee an option to purchase 3,000 common shares at $1.40 per share on October 26, 2026. The exercise price equals the stock's closing price that day, and the option has a ten-year term.
When does the Actinium Pharmaceuticals employee inducement option vest?
28% of the underlying shares vest on the first anniversary of the grant date, with the remainder vesting in equal monthly installments of 2% over the following 36 months. Each installment requires the employee's continued service through the applicable vesting date.