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Intellia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - March 6, 2026

Key Takeaway: Intellia Therapeutics announced the awarding of inducement grants to six new employees under its 2024 Inducement Plan. These grants, consisting of 16,500 restricted stock units, are designed to incentivize new hires as part of the company's strategy to enhance its workforce. The awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

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 success.
  • The company is focused on innovative CRISPR gene editing technologies.

Full Press Release Details

CAMBRIDGE, Mass., March 06, 2026 (GLOBE NEWSWIRE) -- Intellia Therapeutics, Inc. (Nasdaq: NTLA), a leading biopharmaceutical company focused on revolutionizing medicine leveraging CRISPR gene editing and other core technologies, today announced that on March 1, 2026, it awarded inducement grants to six 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 16,500 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 biopharmaceutical company focused on revolutionizing medicine leveraging CRISPR gene editing and other core technologies. The company’s mission is to transform the lives of people with severe diseases by developing and commercializing potentially curative treatments. With deep scientific, technical and clinical development experience, Intellia aims to reset the standard for medicine by durably treating the root causes of disease. Learn more atintelliatx.comand follow us@intelliatx.

Contact:

Jason FredetteVice President, Investor Relations and Corporate CommunicationsIntellia Therapeutics, Inc.jason.fredette@intelliatx.com

Frequently Asked Questions

What are the inducement grants awarded by Intellia?

Intellia awarded inducement grants consisting of 16,500 restricted stock units to six new employees.

What is the purpose of the inducement grants?

The grants serve as a material inducement to attract new talent to Intellia.

How are the restricted stock units structured?

The RSUs vest annually over three years, with one-third vesting each year.

Under which plan were the inducement grants awarded?

The grants were awarded under Intellia's 2024 Inducement Plan.

Last updated: Mar 9, 2026