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SAGE Therapeutics Stockholders Approve Employee Stock Plan

SAGE Therapeutics Stockholders Approve Employee Stock Plan

SAGE Therapeutics (SAGE) has released an update to notify the public and investors about the submission of matters to a vote of security holders.

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On January 31, 2024, Sage Therapeutics, Inc. held a Special Meeting of stockholders with 81.59% of the voting power represented. Stockholders approved both a one-time stock option exchange program for non-executive employees and a proposal allowing the adjournment of the meeting for further solicitation of votes if needed. No other matters were voted on during the meeting.

For further insights into SAGE corporate activity, check out TipRanks’ Insiders Trading Activity page.

For a comprehensive understanding of the announcement, you can read the full document here.

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