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Atrium Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Key Takeaway: Atrium Therapeutics has announced the awarding of inducement grants to seven new non-executive employees under its 2026 Employment Inducement Incentive Award Plan. The grants include non-qualified stock options and restricted stock units, aimed at incentivizing new hires. This initiative aligns with Nasdaq Listing Rule 5635(c)(4) and reflects the company's commitment to enhancing its workforce.
Price reaction · baseline $14.3 (2026-04-20 close) · hit after-hours · 2 other RNA headline(s) in the window, move may be shared
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Market Sentiment Analysis

POSITIVE FACTORS

  • Atrium Therapeutics is expanding its workforce with new hires.
  • The inducement grants are a strategic move to attract talent.
  • The company is advancing its innovative RNA therapeutic platform.

Full Press Release Details

SAN DIEGO,April 20, 2026/PRNewswire/ -- Atrium Therapeutics, Inc. (Nasdaq:RNA) (the "Company") today announced it awarded inducement grants on April 20, 2026 under the Company's 2026 Employment Inducement Incentive Award Plan (the "2026 Inducement Plan") as a material inducement to the employment of seven non-executive individuals newly hired by the Company.
The employees received, in the aggregate, non-qualified stock options to purchase 101,250 shares of the Company's common stock, par value $0.001 per share, with an exercise price of $14.30 per share, the closing price of the Company's common stock as reported by Nasdaq on the effective date of the grant, 25% of which will vest and become exercisable on the first anniversary of the grant date, and the remaining underlying shares will vest in 36 substantially equal installments each month thereafter, subject to the employee's continued service with the Company through each applicable vesting date; and restricted stock units for an aggregate of 50,625 shares of the Company's common stock, 25% of which will vest in the first anniversary of the grant date, and the remaining underlying shares will vest in three substantially equal installments each year thereafter, subject to the employee's continued service with the Company through each applicable vesting date, or collectively, the "Awards."
All of the above-described Awards were granted outside of the Company's stockholder-approved equity incentive plans pursuant to the 2026 Inducement Plan, which was adopted by the Company's board of directors (the "Board") in April 2026. The Awards were approved by the Board's Human Capital Management Committee, which is comprised solely of independent directors, as a material inducement to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).

About Atrium Therapeutics, Inc.

Atrium Therapeutics, Inc. (Nasdaq:RNA) is pioneering targeted delivery of ribonucleic acid (RNA) therapeutics to the heart to transform the standard of care for people living with cardiomyopathies. The Company's proprietary technology - designed at Avidity Biosciences, Inc. - combines the tissue selectivity of monoclonal antibodies (mAbs) and other targeted delivery ligands with the precision of oligonucleotides. Atrium Therapeutics' platform is designed to selectively target the underlying drivers of genetically driven cardiac diseases through targeted, non-viral delivery of small interfering RNA (siRNA). This approach builds upon learnings from delivery to the skeletal muscle and applies it for efficient delivery to the heart overcoming challenges associated with non-specific tissue delivery. The Company's pipeline consists of two precision cardiology candidates, ATR 1072 and ATR 1086, and two undisclosed research targets in rare cardiomyopathies. For more information about our RNA delivery platform, development pipeline and people, please visithttps://atriumtherapeutics.com/and engage with us onLinkedIn.

Frequently Asked Questions

What are the inducement grants awarded by Atrium Therapeutics?

Atrium Therapeutics awarded inducement grants including stock options and restricted stock units to seven new hires.

What is the purpose of the inducement grants?

The inducement grants aim to attract and incentivize new talent to join the company.

Under which plan were the inducement grants awarded?

The grants were awarded under the Company's 2026 Employment Inducement Incentive Award Plan.

What is the significance of Nasdaq Listing Rule 5635?

Nasdaq Listing Rule 5635 allows companies to grant inducements to attract new employees.

Last updated: Apr 21, 2026