Seres and Crescent report different employee stock-option awards in September

  • Seres reported options for two new employees covering 4,200 common shares, while Crescent reported options for two non-executive employees covering 58,650 ordinary shares.
  • Seres set an exercise price of $5.72 under its 2022 plan; Crescent set $20.46 under its amended 2025 plan.
  • Seres said the grants were made September 4, 2026, and Crescent said its awards were approved September 8, 2026; the records describe separate companies and events.

The supplied records describe two distinct biotechnology-company equity inducement events rather than one reconciled award. Seres Therapeutics reported options covering 4,200 common shares for two new employees, while Crescent Biopharma reported options covering 58,650 ordinary shares for two non-executive employees. The companies, plans, exercise prices and vesting schedules differ, so the records cannot be consolidated into a single award without disregarding material facts.

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