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Fate Therapeutics Reports New Employee Inducement Award Under Nasdaq Listing Rule 5635(c)(4) - April 2, 2026

Key Takeaway: Fate Therapeutics has announced the granting of restricted stock units (RSUs) to a newly-hired non-executive employee as part of its inducement plan. The award includes 7,260 shares, which will vest over four years. This move aligns with Nasdaq Listing Rule 5635(c)(4) and reflects the company's ongoing commitment to attract talent in the biopharmaceutical sector.
Price reaction · baseline $1.22 (2026-04-02 close) · 31 other FATE headline(s) in the window, move may be shared
day 0 close · peak
-2.5%

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POSITIVE FACTORS

  • Fate Therapeutics continues to expand its workforce.
  • The company is committed to innovative iPSC-derived therapies.
  • The RSU grant reflects confidence in new employee contributions.

Full Press Release Details

SAN DIEGO, April 02, 2026(GLOBE NEWSWIRE)-- Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to bringing a first-in-class pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients with cancer and autoimmune diseases, today announced that on April 1, 2026, the Company granted restricted stock units (RSUs) representing 7,260 shares of its common stock to one newly-hired non-executive employee. The grant was approved by the Compensation Committee of the Company’s Board of Directors and granted under the Company’s Amended and Restated Inducement Equity Plan as an inducement material to the new employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest over four years, with 25% of the shares underlying each RSU award vesting on each anniversary of the grant date, subject to the employee being continuously employed by the Company through each vesting date.
About Fate Therapeutics, Inc.Fate Therapeutics is a clinical-stage biopharmaceutical company dedicated to bringing a pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients. Using its proprietary iPSC product platform, the Company has established a leadership position in creating multiplexed-engineered master iPSC lines and in the manufacture and clinical development of off-the-shelf, iPSC-derived cell products. The Company’s pipeline includes iPSC-derived T-cell and natural killer (NK) cell product candidates, which are selectively designed, incorporate novel synthetic controls of cell function, and are intended to deliver multiple therapeutic mechanisms to patients. Fate Therapeutics is headquartered in San Diego, CA. For more information, please visitwww.fatetherapeutics.com.

Contact:Ryan DouglasFate Therapeutics, Inc.IR@fatetherapeutics.com

Frequently Asked Questions

What is the purpose of the RSUs granted by Fate Therapeutics?

The RSUs are granted as an inducement for a newly-hired non-executive employee.

How many shares were granted in the RSU award?

Fate Therapeutics granted 7,260 shares as part of the RSU award.

What is the vesting schedule for the RSUs?

The RSUs will vest over four years, with 25% vesting each year.

Under which Nasdaq rule was the RSU grant approved?

The grant was approved under Nasdaq Listing Rule 5635(c)(4).

Last updated: Apr 3, 2026