Arcus Biosciences Announces New Employment Inducement Grants

Key Terms

restricted stock units financial

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

inducement exception regulatory

An inducement exception is a narrow allowance in financial rules that lets a firm make a specific payment or offer an incentive that would otherwise be prohibited, typically to recruit a key employee or to win a client under tightly controlled conditions. For investors, it matters because such exceptions can increase a company’s costs, create potential conflicts of interest, and signal regulatory scrutiny or special circumstances—like a recruiter offering a signing bonus that a standard policy would normally ban—so they affect both expense forecasts and governance risk.

NYSE Listed Company Manual Rule 303A.08 regulatory

NYSE Listed Company Manual Rule 303A.08 is a rule that requires companies listed on the New York Stock Exchange to have a plan for how they will handle a sudden loss of significant business or assets. It helps ensure companies are prepared for major setbacks, protecting investors by encouraging strong risk management practices.

HAYWARD, Calif.--(BUSINESS WIRE)-- Arcus Biosciences, Inc. (NYSE:RCUS), a clinical-stage, global biopharmaceutical company focused on developing differentiated molecules and combination therapies for people with cancer, inflammatory and autoimmune diseases, today announced that the Compensation Committee of the Company’s Board of Directors granted one new employee options to purchase a total of 3,600 shares of the Company’s common stock at an exercise price per share of $25.80, which was the closing price on December 8, 2025, and restricted stock units to acquire a total of 1,800 shares of the Company’s common stock. The equity awards were granted pursuant to the Company’s 2020 Inducement Plan, which was approved by the Company’s Board of Directors in January 2020 pursuant to the “inducement exception” under NYSE Listed Company Manual Rule 303A.08.

About Arcus Biosciences

Arcus Biosciences is a clinical-stage, global biopharmaceutical company focused on developing differentiated molecules and combination therapies for patients with cancer, inflammatory and autoimmune diseases. In partnership with industry collaborators, patients and physicians around the world, Arcus is expediting the development of its late-stage portfolio of first- and/or best-in-class medicines against well-characterized biological targets and pathways and studying novel, biology-driven combinations that have the potential to help people with cancer live longer. Founded in 2015, the company has advanced multiple investigational medicines into registrational clinical trials including domvanalimab, an Fc-silent anti-TIGIT antibody being studied in combination with zimberelimab, an anti-PD-1 antibody, for upper gastrointestinal and non-small cell lung cancer, casdatifan, a HIF-2a inhibitor for clear cell renal cell carcinoma, and quemliclustat, a small-molecule CD73 inhibitor for pancreatic cancer. For more information about Arcus Biosciences’ clinical and preclinical programs, please visit www.arcusbio.com.

Inducement PR

Source: Arcus Biosciences

View source version on businesswire.com: https://www.businesswire.com/news/home/20251209457911/en/

Investor Inquiries:

Pia Eaves

VP of Investor Relations & Strategy

(617) 459-2006

peaves@arcusbio.com

Media Inquiries:

Holli Kolkey

VP of Corporate Communications

(650) 922-1269

hkolkey@arcusbio.com

Source: Arcus Biosciences