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Oct 7, 2026People

Genmab board members get restricted stock units after extraordinary meeting

Genmab shareholders approved 2026 board remuneration on October 7, 2026, resulting in 5,300 restricted stock units granted to board members.

Genmab A/S held an Extraordinary General Meeting on October 7, 2026, where shareholders approved the Board of Directors' proposal on remuneration of the Board for 2026, including share-based remuneration in the form of restricted stock units.1

Following the vote, a total of 5,300 restricted stock units were granted to the members of the Board of Directors in accordance with Genmab A/S' Remuneration Policy.1 Each unit carries specific terms: it is awarded cost-free and gives the holder a conditional right to receive one share in Genmab A/S with a nominal value of DKK 1.1 The valuation was set at the time of grant, as the fair value of each restricted stock unit equals the closing market price of one Genmab A/S share on the date of grant, DKK 2,487.00.1

Vesting is not immediate. The restricted stock units will vest on the first banking day of the month following a three-year period from the date of grant, subject to the terms of Genmab's Remuneration Policy and the applicable restricted stock unit program.1

Genmab describes itself as a company focused on antibody medicines, and according to the filing, for over 25 years its team has advanced a range of antibody-based therapeutic formats including bispecific antibodies, antibody-drug conjugates, immune-modulating antibodies and other next-generation modalities, with eight approved antibody medicines and a late-stage clinical pipeline that includes wholly owned programs.1 The company was established in 1999 and is headquartered in Copenhagen, Denmark, with international presence across North America, Europe and Asia Pacific.1

The filing was signed by Anthony Pagano, Executive Vice President and Chief Financial Officer, dated October 7, 2026.

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.