Alvotech board directors granted stock options and restricted share units to align interests.

From GlobeNewswire: 2025-07-01 19:54:00

At the 2025 AGM, four independent board directors of Alvotech received stock option grants allowing the purchase of up to 24,784 shares each. The aim is to align their long-term interests with the Company. Key terms include an exercise price of USD 9.28 per share and a vesting period of three years with yearly vesting. Options are only exercisable if the grantee remains on the board at the time of vesting. Filings with the CSSF have been made by the directors for their vested RSUs. The exercise price was determined by the opening price of Alvotech’s shares on the Nasdaq US stock exchange on June 25, 2025.



Read more at GlobeNewswire: Granting of Stock Options and Vesting of Restricted Share