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Mineralys Therapeutics Reports Inducement Awards Under Nasdaq Listing Rule 5635(c)(4) - February 11, 2026

Key Takeaway: Mineralys Therapeutics announced the granting of inducement stock option and restricted stock unit awards to two new non-executive employees. The awards, covering a total of 58,632 shares, are part of the company's 2025 Employment Inducement Incentive Award Plan. This initiative aims to attract talent as Mineralys continues to focus on developing treatments for hypertension and related comorbidities.
Price reaction · baseline $29.78 (2026-02-11 close) · hit pre-market · clean, no other MLYS news in the window
day 0 close
-6.4%
day 1 · peak
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day 3
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Market Sentiment Analysis

POSITIVE FACTORS

  • Mineralys granted stock options and restricted stock units to new employees.
  • The awards are part of a strategic plan to attract talent.
  • The company focuses on developing treatments for hypertension and related conditions.

Full Press Release Details

RADNOR, Pa., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Mineralys Therapeutics, Inc. (Nasdaq: MLYS), a clinical-stage biopharmaceutical company focused on developing medicines to target hypertension and related comorbidities such as chronic kidney disease (CKD), obstructive sleep apnea (OSA) and other diseases driven by dysregulated aldosterone, announced today that on February 9, 2026, the Compensation Committee of Mineralys’ Board of Directors granted inducement stock option awards covering 33,504 shares and inducement restricted stock unit awards covering 25,128 shares of Mineralys common stock to two new non-executive employees.
The awards were granted under Mineralys’ 2025 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Mineralys. The options will vest over a four-year period, with 25% of the total shares underlying the option vesting on the first anniversary of each award’s vesting commencement date, February 9, 2026, and 1/48th of the total shares underlying the option vesting following each one-month period thereafter, subject to continued service. The restricted stock units will vest over a four-year period, with 25% of the shares vesting on each of the four anniversaries of each award’s vesting commencement date, February 9, 2026. The awards were granted as an inducement material to the new non-executive employees entering into employment with Mineralys, in accordance with Nasdaq Listing Rule 5635(c)(4).

About Mineralys

Mineralys Therapeutics is a clinical-stage biopharmaceutical company focused on developing medicines to target hypertension and related comorbidities such as CKD, OSA and other diseases driven by dysregulated aldosterone. Its initial product candidate, lorundrostat, is a proprietary, orally administered, highly selective aldosterone synthase inhibitor. Mineralys is based in Radnor, Pennsylvania, and was founded by Catalys Pacific. For more information, please visithttps://mineralystx.com. Follow Mineralys onLinkedIn,TwitterandBluesky.

Frequently Asked Questions

What are the inducement awards granted by Mineralys?

Mineralys granted stock options and restricted stock units totaling 58,632 shares to two new employees.

What is the purpose of the inducement awards?

The awards aim to attract new talent as part of Mineralys' employment incentive plan.

How will the stock options vest?

The options will vest over four years, with 25% vesting on the first anniversary and monthly thereafter.

What is Mineralys Therapeutics focused on?

Mineralys focuses on developing medicines for hypertension and related comorbidities.

Last updated: Feb 12, 2026