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Evolus Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Key Takeaway: Evolus, Inc. has announced the grant of 115,000 restricted stock units to 38 newly hired non-executive employees between April and July 2026. This initiative, approved by the company's compensation committee, is part of Evolus' 2023 Inducement Incentive Plan, aimed at enhancing its aesthetic portfolio. The move reflects the company's growth strategy and commitment to its workforce.
Price reaction · baseline $6.61 (2026-07-10 close) · hit after-hours · clean, no other EOLS news in the window
day 0 close · peak
-1.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Evolus is expanding its workforce with new hires.
  • The grant of RSUs indicates a commitment to employee retention.
  • The awards are part of a strategic incentivization plan.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~37 mo
Minimal dilution risk
Lead asset
PrabotulinumtoxinA-Xvfs
Phase 2 · Glabellar Frown Lines

Full Press Release Details

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Evolus, Inc.(NASDAQ: EOLS), a performance beauty company with a focus on building an aesthetic portfolio of consumer brands, today reported the grant during April 2026 to July 2026 of an aggregate of 115,000 restricted stock units (RSUs) of the company’s common stock to 38 newly hired non-executive employees of the company. The awards were approved by the compensation committee of the company’s board of directors under the Evolus’ 2023 Inducement Incentive Plan, with grant dates and vesting commencement dates ranging from April 7, 2026 through July 8, 2026, as inducements material to the new employees entering into employment with Evolus in accordance with Nasdaq Listing Rule 5635(c)(4).
The RSUs vest 25% on each annual anniversary of the vesting commencement date. The awards are subject to the terms and conditions of the 2023 Inducement Incentive Plan and the terms and conditions of the RSU agreement covering the grant, including requirements to remain continuously employed on each vesting date.

About Evolus, Inc.

Evolus (NASDAQ: EOLS) is a global performance beauty company redefining the aesthetic injectable market for the next generation of beauty consumers through its unique, customer-centric business model and innovative digital platform. Our mission is to become a global leader in aesthetics anchored by our flagship products: Jeuveau® (prabotulinumtoxinA-xvfs), the first and only neurotoxin dedicated exclusively to aesthetics, and Evolysse®, a collection of unique injectable hyaluronic acid (HA) gels. Visit us atwww.evolus.com, and follow us onLinkedIn,X,InstagramorFacebook.
Jeuveau®and Nuceiva®, are registered trademarks and Evolysse®is a trademark of Evolus, Inc.Hi-Pure™is a trademark of Daewoong Pharmaceutical Co, Ltd.Estyme®is a trademark of Symatese Aesthetics S.A.S.

Frequently Asked Questions

What is the purpose of the RSUs granted by Evolus?

The RSUs are part of Evolus' strategy to incentivize and retain newly hired employees.

How many RSUs were granted to Evolus employees?

Evolus granted a total of 115,000 RSUs to 38 newly hired non-executive employees.

When were the RSUs granted?

The RSUs were granted between April 2026 and July 2026.

Who approved the RSU grants at Evolus?

The grants were approved by the compensation committee of Evolus' board of directors.

Last updated: Jul 10, 2026