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Annexon Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(c)(4)

Key Takeaway: Annexon, Inc. has reported an inducement grant to a new non-executive employee, providing them with options to purchase 19,000 shares at $4.91 each. This grant is in line with the company's 2022 Employment Inducement Award Plan and was approved by the board on December 10, 2025. The options vest over four years and reflect Annexon’s commitment to its workforce as it develops next-generation complement inhibitors for neuroinflammation.

Market Sentiment Analysis

POSITIVE FACTORS

  • Annexon is advancing a late-stage clinical platform aimed at neuroinflammation.
  • The company has granted an equity award to a new employee, indicating growth and expansion.
  • Annexon is developing innovative therapies targeting unmet needs in serious neuroinflammatory diseases.

Full Press Release Details

BRISBANE, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Annexon, Inc. (“Annexon”) (Nasdaq: ANNX), a biopharmaceutical company advancing a late-stage clinical platform targeting neuroinflammation across life-changing complement-mediated diseases of the body, brain, and eye, today announced that it has granted inducement to a new non-executive employee under the terms of the 2022 Employment Inducement Award Plan. The equity award was approved on December 10, 2025, in accordance with Nasdaq Listing Rule 5635(c)(4).
The new non-executive employee received an option to purchase 19,000 shares of Annexon common stock. The option carries a ten-year term and an exercise price per share equal to $4.91, which was the closing price of Annexon’s common stock on December 15, 2025, the date of grant, and vests over 4 years, with 25% of the shares underlying the options vesting on the first anniversary of the grant date and an additional 1/48th of the shares vesting monthly thereafter, subject to continued service through the applicable vesting dates.
Annexon, Inc. (Nasdaq: ANNX) is developing the next generation of complement inhibitors to stop neuroinflammation as first-in-kind treatments for millions of people living with serious neuroinflammatory diseases of the body, brain and eye. Our novel scientific approach focuses on C1q, the initiating molecule of classical complement’s potent inflammatory pathway that when misdirected can lead to tissue damage and loss in a host of diseases. By targeting C1q, our immunotherapies are designed to stop this neuroinflammatory cascade before it starts. Our pipeline spans three diverse therapeutic areas – autoimmunity, neurodegeneration and ophthalmology – and includes targeted investigational drug candidates designed to address the unmet needs of nearly 10 million people worldwide. Annexon’s mission is to deliver game-changing therapies to patients so that they can live their best lives. To learn more visit annexonbio.com.

Frequently Asked Questions

What is Annexon, Inc. focusing on?

Annexon, Inc. is targeting neuroinflammation in complement-mediated diseases.

How many shares did the new employee receive?

The new employee was granted an option to purchase 19,000 shares.

What is the vesting schedule for the equity award?

The award vests over four years, with 25% after one year and monthly thereafter.

What does Annexon's pipeline target?

Their pipeline targets autoimmunity, neurodegeneration, and ophthalmology.

What is the exercise price for the stock options?

The exercise price per share is $4.91, based on the closing price.

Last updated: Dec 17, 2025