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Stock impact report

The Joint Corp. Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

The Joint Corp. (JYNT) 
Last the joint corp. earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.thejoint.com/investor-overview
Company Research Source: GlobeNewswire
SCOTTSDALE, Ariz., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT) (“The Joint or “the Company”), the nation’s largest franchisor of chiropractic care through The Joint Chiropractic® network, today announced that it granted equity awards on October 14, 2024 as a material inducement to the employment of the Company’s newly hired President and Chief Executive Officer, Sanjiv Razdan. In connection with the appointment of Razdan as President and Chief Financial Officer on October 14, 2024, the Company granted Razdan employment inducement awards consisting of (a) 38,059 stock options and (b) 38,059 time-based restricted stock awards, each with an effective grant date of October 14, 2024. The stock options will have an exercise price of $10.51 per share and vest 25% on each of the first four anniversaries of the date of grant, subject to Razdan’s continuous employment with the Company on each vesting date. The restricted stock awards will vest 25% on each of the first fo Show less Read more
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