Immunovant Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
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Jun 30, 2024 · Filed Aug 6, 2024
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Insider Trading Arrangements
During the three months ended June 30, 2024, none of our directors or Section 16 reporting officers adopted, modified orterminated any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of the SEC's Regulation S-K).
Retirement of Chief Development Officer
On August 2, 2024, Julia Butchko notified us of her intention to retire from her position as Chief Development Officer of the Company. Dr. Butchko’s resignation is expected to become effective on or about September 20, 2024. Dr. Butchko’s decision to retire was not the result of any disagreement with us on any matter relating to our operations, policies or practices. We thank Dr. Butchko for her service to the Company and wish her the best in her future endeavors.
We expect to enter into a separation agreement with Dr. Butchko providing for a general release of claims in favor of the Company. In addition, our board of directors has agreed to extend the post-termination exercise period of all of her vested and outstanding options granted under the Company’s 2019 Equity Incentive Plan, as amended, such that the final date upon which Dr. Butchko may exercise such a vested option shall be the earlier of December 31, 2025 or the final day of the original term of such option.
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