Vera Therapeutics, Inc. Stock Price, News & Analysis

Vera Therapeutics (NASDAQ: VERA) announced inducement awards granted by its Compensation Committee on February 8, 2025, to seventeen new employees. The awards include non-qualified stock options to purchase 157,750 shares of Class A common stock and restricted stock units (RSUs) for 78,875 shares.

The stock options have an exercise price of $36.14 per share, based on Vera's closing price on February 7, 2025. The options will vest over four years, with 25% vesting after one year and the remainder vesting monthly over 36 months. The RSUs will vest over four years, with 25% vesting annually starting February 20, 2025. Both awards require continued employment with Vera and are subject to the Inducement Plan terms.

Vera Therapeutics (NASDAQ: VERA) announced the granting of inducement awards to six new employees on January 8, 2025. The awards, approved by the Compensation Committee under Nasdaq Listing Rule 5635(c)(4), include:

- Non-qualified stock options to purchase 35,250 shares of Class A common stock at $42.19 per share (Vera's closing price on January 8, 2025)
- Restricted stock units (RSUs) for 17,625 shares of Class A common stock

The stock options will vest over four years, with 25% vesting after one year and the remainder monthly over 36 months. The RSUs will vest over four years, with 25% vesting annually starting February 20, 2025. Both awards require continued employment with Vera and are subject to the Inducement Plan terms and conditions.

Vera Therapeutics (Nasdaq: VERA) has secured an exclusive license agreement with Stanford University for VT-109, a novel next-generation fusion protein targeting BAFF and APRIL. The technology has broad therapeutic potential across B cell mediated diseases. The agreement grants Vera development and marketing rights in exchange for undisclosed upfront and milestone payments.

According to CEO Marshall Fordyce, this acquisition aligns with Vera's lifecycle management strategy to strengthen its position in B cell modulation. The company plans to utilize its expertise in research, translational medicine, clinical development, and commercialization to advance the molecule's potential.

Vera Therapeutics (Nasdaq: VERA), a late clinical-stage biotechnology company specializing in immunological disease treatments, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference in San Francisco, CA, scheduled for January 12-16, 2025.

The company's management team will deliver a presentation on Monday, January 13, 2025, at 4:30 PM PST. The presentation will be accessible via webcast, and investors can view it through the J.P. Morgan meetings platform. Additionally, the management team will engage in one-on-one meetings with investors during the conference.

A replay of the presentation will remain available for 90 days through the 'Investor Calendar' section of Vera Therapeutics' website.

Vera Therapeutics (NASDAQ: VERA) announced inducement grants approved by its Compensation Committee on December 3, 2024. The grants, awarded to seventeen new employees, include non-qualified stock options to purchase 171,750 shares of Class A common stock at $49.38 per share and restricted stock units (RSUs) for 86,625 shares.

The stock options will vest over four years, with 25% vesting on the first anniversary and the remainder vesting monthly over 36 months. The RSUs will vest over four years, with 25% vesting annually starting February 20, 2025. Both grants are subject to continued employment with Vera and were made under the Inducement Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

Vera Therapeutics (Nasdaq: VERA) announced inducement awards granted to Jason S. Carter, their new Chief Legal Officer, on November 18, 2024. The awards include a non-qualified stock option to purchase 108,000 shares of Class A common stock at $44.81 per share and restricted stock units (RSUs) for 53,000 shares. The stock options will vest over four years, with 25% vesting after one year and the remainder monthly over 36 months. The RSUs will vest 25% annually over four years starting November 20, 2024, subject to continued employment.

Vera Therapeutics (NASDAQ: VERA) has appointed Jason S. Carter as Chief Legal Officer, effective immediately. Carter brings over 20 years of legal experience, most recently serving as Global Head of Legal for Kite Pharma. The appointment comes as Vera prepares for its pivotal ORIGIN 3 trial of atacicept in IgAN, with topline results expected in Q2 2025 and planned BLA submission to FDA later that year. Carter's experience includes overseeing legal activities in global product launches, R&D, manufacturing, IP litigation, and M&A transactions at companies including Daiichi Sankyo, Novartis, and Baxter.

Vera Therapeutics (Nasdaq: VERA) announced inducement awards granted to seven new employees on November 4, 2024. The awards include non-qualified stock options to purchase 54,050 shares of Class A common stock at $45.17 per share and restricted stock units (RSUs) for 27,025 shares. The stock options will vest over four years, with 25% vesting after one year and the remainder monthly over 36 months. The RSUs will vest 25% annually over four years starting November 20, 2024. These grants were approved under Nasdaq Listing Rule 5635(c)(4) as employment inducements.

Vera Therapeutics (NASDAQ: VERA) announces partnership with University of Michigan on the NEPTUNE Match project and PIONEER study. NEPTUNE Match, a consortium of over 30 North American academic centers, will connect nephrotic syndrome patients with clinical trials based on their molecular disease characteristics. The PIONEER study expands atacicept development into multiple autoimmune kidney indications, including primary membranous nephropathy (pMN), focal segmental glomerulosclerosis (FSGS), and minimal change disease (MCD). The collaboration aims to identify and enroll eligible participants with specific antibodies for the PIONEER study, with initial data expected in 2025.