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Syndax Pharmaceuticals Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4) - February 4, 2026

Key Takeaway: Syndax Pharmaceuticals announced the grant of inducement awards for stock options to two new employees under its 2023 Inducement Plan. The awards, totaling up to 11,600 shares, will vest over four years, reflecting the company's commitment to attracting talent. Syndax continues to advance its pipeline of innovative cancer therapies, including FDA-approved treatments.

Market Sentiment Analysis

POSITIVE FACTORS

  • Syndax Pharmaceuticals granted stock options to new employees.
  • The inducement awards support the company's growth and talent acquisition.
  • The company is advancing innovative cancer therapies.

Full Press Release Details

NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Syndax Pharmaceuticals (Nasdaq: SNDX), a commercial-stage biopharmaceutical company advancing innovative cancer therapies, today announced that on February 1, 2026, the Company granted inducement awards to purchase up to 11,600 shares of common stock to two new employees under the Company's 2023 Inducement Plan. The stock options will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the vesting commencement date and 1/48th of the underlying shares vesting monthly thereafter over 36 months, subject to the employee's continued service relationship with Syndax through the applicable vesting dates.
About SyndaxSyndax Pharmaceuticals is a commercial-stage biopharmaceutical company advancing innovative cancer therapies. Highlights of the Company's pipeline include Revuforj®(revumenib), an FDA-approved menin inhibitor, and Niktimvo™ (axatilimab-csfr), an FDA-approved monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor. Fueled by our commitment to reimagining cancer care, Syndax is working to unlock the full potential of its pipeline and is conducting several clinical trials across the continuum of treatment. For more information, please visitwww.syndax.comor follow the Company onXandLinkedIn.

Syndax Contact

Sharon KlahreSyndax Pharmaceuticals, Inc.sklahre@syndax.comTel 781.684.9827

Frequently Asked Questions

What are the inducement grants by Syndax Pharmaceuticals?

Syndax Pharmaceuticals granted inducement awards to purchase up to 11,600 shares of common stock to two new employees.

How will the stock options vest?

The stock options will vest over four years, with 25% vesting after one year and the rest monthly thereafter.

What is the purpose of the inducement awards?

The inducement awards support the company's growth and talent acquisition.

What innovative therapies does Syndax offer?

Syndax is advancing innovative cancer therapies, including FDA-approved treatments like Revuforj® and Niktimvo™.

Last updated: Feb 5, 2026