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Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Key Takeaway: Esperion announced the grant of 77,650 restricted stock units to 23 new employees under its 2017 Inducement Equity Incentive Plan. This plan aims to attract individuals who were not previously associated with the company. The RSUs will vest over time, contingent on continued employment. Esperion continues to focus on developing innovative therapies for cardiovascular disease.

Market Sentiment Analysis

POSITIVE FACTORS

  • Esperion granted 77,650 RSUs to attract new talent.
  • The company is focused on addressing unmet patient needs.
  • Esperion is evolving into a leading global biopharmaceutical company.

Full Press Release Details

ANN ARBOR, Mich., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that on November 4, 2025, the Company granted 23 new employees 77,650 restricted stock units (RSUs) under Esperion’s 2017 Inducement Equity Incentive Plan.
The 2017 Inducement Equity Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Esperion (or following a bona fide period of non-employment), as an inducement material to such individual's entering into employment with Esperion, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.
Each RSU will vest and become exercisable as to 25 percent of the shares on the one-year anniversary of the recipient’s vesting commencement date and will vest and become exercisable as to the remaining 75 percent of the shares in twelve equal quarterly installments at the end of each quarter following such anniversary, in each case, subject to each such employee's continued employment with Esperion on such vesting dates. The RSUs are subject to the terms and conditions of Esperion’s 2017 Inducement Equity Incentive Plan, and the terms and conditions of the RSU agreement covering the grant.
Esperion TherapeuticsEsperion Therapeutics, Inc. is a commercial stage biopharmaceutical company focused on bringing new medicines to market that address unmet needs of patients and healthcare professionals. The Company developed and is commercializing the only U.S. Food and Drug Administration (FDA) approved oral, once-daily, non-statin medicines for patients who are at risk for cardiovascular disease and are struggling with elevated low density lipoprotein cholesterol (LDL-C). These medications are supported by the nearly 14,000 patient CLEAR Cardiovascular Outcomes Trial. Esperion continues to build on its success with its next generation program which is focused on developing ATP citrate lyase inhibitors (ACLYi). New insights into the structure and function of ACLYi fully enables rational drug design and the opportunity to develop highly potent and specific inhibitors with allosteric mechanisms.
Esperion continues to evolve into a leading global biopharmaceutical company through commercial execution, international partnerships and collaborations and advancement of its pre-clinical pipeline. For more information, visitesperion.comand follow Esperion onLinkedInandX.

Esperion Contact Information:Investors:Alina Veneziainvestorrelations@esperion.com(734) 887-3903

Media:Tiffany Aldrichcorporateteam@esperion.com(616) 443-8438

Frequently Asked Questions

What are restricted stock units (RSUs)?

RSUs are company shares granted to employees as part of their compensation, which vest over time.

What is the purpose of the 2017 Inducement Equity Incentive Plan?

The plan is designed to grant equity awards to attract new employees to Esperion.

How do RSUs vest at Esperion?

RSUs vest 25% after one year and the remaining 75% in quarterly installments.

What is Esperion's focus in biopharmaceuticals?

Esperion focuses on developing innovative therapies for cardiovascular disease.

Last updated: Nov 6, 2025