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Intellia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - January 2, 2026

Key Takeaway: Intellia Therapeutics has announced the awarding of inducement grants to two new employees as part of its 2024 Inducement Plan. The grants, totaling 22,800 restricted stock units, will vest over three years, contingent on continued employment. This move is in accordance with Nasdaq Listing Rule 5635(c)(4) and aims to strengthen the company's talent pool.

Market Sentiment Analysis

POSITIVE FACTORS

  • Intellia awarded inducement grants to attract new talent.
  • The grants consist of restricted stock units, aligning employee interests with company performance.
  • The inducement plan is a strategic move to enhance the company's workforce.

Full Press Release Details

CAMBRIDGE, Mass., Jan. 02, 2026 (GLOBE NEWSWIRE) -- Intellia Therapeutics, Inc. (NASDAQ:NTLA), a leading clinical-stage gene editing company focused on revolutionizing medicine with CRISPR-based therapies, today announced that on January 1, 2026, it awarded inducement grants to two new employees under Intellia’s 2024 Inducement Plan as a material inducement to employment.
The inducement grants consisted of time-based restricted stock units (“RSUs”) for an aggregate of 22,800 shares of Intellia’s common stock, with one-third of such RSUs vesting annually over three years. All equity vesting is subject to each employee’s continued service as an employee of, or other service provider to, Intellia through the applicable vesting dates.
All of the above-described awards were granted outside of Intellia’s stockholder-approved equity incentive plans pursuant to Intellia’s 2024 Inducement Plan, which was adopted by the board of directors in June 2024. These awards were approved by Intellia’s compensation committee as a material inducement to entering into employment with Intellia in accordance with Nasdaq Listing Rule 5635(c)(4).

About Intellia Therapeutics

Intellia Therapeutics, Inc. (NASDAQ:NTLA) is a leading clinical-stage gene editing company focused on revolutionizing medicine with CRISPR-based therapies. Since its inception, Intellia has focused on leveraging gene editing technology to develop novel, first-in-class medicines that address important unmet medical needs and advance the treatment paradigm for patients. Intellia’s deep scientific, technical and clinical development experience, along with its people, is helping set the standard for a new class of medicine. To harness the full potential of gene editing, Intellia continues to expand the capabilities of its CRISPR-based platform with novel editing and delivery technologies. Learn more atintelliatx.comand follow us@intelliatx.

Intellia Contacts:

Investors:Jason FredetteVice President, Investor Relations and Corporate Communicationsjason.fredette@intelliatx.com

Media:Matt CrensonTen Bridge Communicationsmedia@intelliatx.commcrenson@tenbridgecommunications.com

Frequently Asked Questions

What are the inducement grants awarded by Intellia?

Intellia awarded inducement grants consisting of 22,800 restricted stock units to two new employees.

What is the vesting schedule for the RSUs?

The RSUs will vest one-third annually over three years, subject to continued employment.

Why were the inducement grants issued?

The grants were issued as a material inducement to attract new talent in accordance with Nasdaq rules.

What is the purpose of Intellia's 2024 Inducement Plan?

The plan aims to enhance the company's workforce by offering equity incentives to new employees.

Last updated: Jan 5, 2026