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Arcus Biosciences Announces New Employment Inducement Grants

Key Takeaway: Arcus Biosciences has granted stock options to four new employees, allowing them to purchase a total of 21,200 shares at an exercise price of $26.39. This move is part of the company's strategy to attract talent and incentivize performance. The grants reflect the company's ongoing commitment to growth and development in the biopharmaceutical sector.
Price reaction · baseline $25.06 (2026-09-24 close) · hit after-hours · clean, no other RCUS news in the window
day 0 close
-0.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Arcus Biosciences is expanding its team with new hires.
  • The granted stock options may incentivize employee performance.
  • The exercise price reflects a commitment to employee growth.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+65%
120-day peak, hindsight
Typical move
2.8%
average across 10 past catalysts
Cash runway
~17 mo
Low dilution risk
Lead asset
Etrumadenant
Phase 1 · Non-small Cell Lung Cancer

Full Press Release Details

HAYWARD, Calif.--(BUSINESS WIRE)--Arcus Biosciences, Inc. (NYSE:RCUS), a clinical-stage, global biopharmaceutical company focused on developing differentiated molecules and combination therapies for the treatment of cancer and inflammatory diseases, today announced that the Compensation Committee of the Company’s Board of Directors granted four new employees options to purchase a total of 21,200 shares of the Company’s common stock at an exercise price per share of $26.39, which was the closing price on September 23, 2026, and restricted stock units to acquire a total of 10,650 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 for the treatment of cancer and inflammatory 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 casdatifan, a HIF-2α 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 visitwww.arcusbio.com.
Inducement PR
Source: Arcus Biosciences

Investor Inquiries:Pia EavesVP of Investor Relations & Strategy(617) 459-2006peaves@arcusbio.com

Media Inquiries:Holli KolkeyVP of Corporate Affairs(650) 922-1269hkolkey@arcusbio.com

Maryam BassiriDirector of Corporate Affairs(510) 406-8520mbassiri@arcusbio.com

Frequently Asked Questions

What did Arcus Biosciences announce?

Arcus Biosciences announced new employment inducement grants for four new employees.

How many shares were granted in the stock options?

A total of 21,200 shares were granted to the new employees.

What is the exercise price for the stock options?

The exercise price per share is $26.39.

Who approved the stock option grants?

The Compensation Committee of the Company's Board of Directors approved the grants.

Last updated: Sep 24, 2026