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TELA Bio Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Key Takeaway: TELA Bio, Inc. announced the approval of inducement grants for new employees under Nasdaq Rule 5635(c)(4). The Compensation Committee approved grants of restricted stock units covering 8,550 shares to three newly-hired staff, effective February 18, 2026. These units will vest over four years, contingent on the employees' continued service. TELA Bio aims to enhance soft-tissue reconstruction technologies.

Market Sentiment Analysis

POSITIVE FACTORS

  • TELA Bio is expanding its workforce by hiring three new employees.
  • The company provides innovative soft-tissue reconstruction solutions.
  • The grants of stock units serve as a strong employment incentive.

Full Press Release Details

MALVERN, Pa., Feb. 20, 2026 (GLOBE NEWSWIRE) -- TELA Bio, Inc. ("TELA Bio") (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions, today announced that the Compensation Committee of the Board of Directors of TELA Bio approved inducement grants of restricted stock units covering 8,550 shares of its common stock to three newly-hired employees, with a grant date of February 18, 2026 (the "Grant Date"). The restricted stock units were granted pursuant to the Nasdaq Rule 5635(c)(4) inducement grant exception as a component of each individual's employment compensation and were granted as an inducement material to his or her acceptance of employment with TELA Bio.
The restricted stock units will vest in equal annual installments over four years, subject to each individual's continued service with TELA Bio through the applicable vesting dates.
About TELA Bio, Inc.
TELA Bio, Inc. (NASDAQ: TELA) is a commercial-stage medical technology company focused on providing innovative technologies that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy. The Company is committed to providing surgeons with advanced, economically effective soft-tissue reconstruction solutions that leverage the patient's natural healing response while minimizing long-term exposure to permanent synthetic materials. For more information, visit www.telabio.com.
Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations are forward-looking statements and reflect the current beliefs of TELA Bio's management. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors that could cause actual results and events to differ materially and adversely from those indicated by such forward-looking statements. These risks and uncertainties are described more fully in the "Risk Factors" section and elsewhere in our filings with the Securities and Exchange Commission and available at www.sec.gov, including in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Any forward-looking statements that we make in this announcement speak only as of the date of this press release, and TELA Bio assumes no obligation to update forward-looking statements whether as a result of new information, future events or otherwise after the date of this press release, except as required under applicable law.
Investor Contact Louisa Smith ir@telabio.com

Frequently Asked Questions

What company is TELA Bio, Inc.?

TELA Bio, Inc. is a commercial-stage medical technology firm focused on soft-tissue reconstruction.

How many restricted stock units were approved?

The Compensation Committee approved 8,550 restricted stock units for three new employees.

When was the grant date for the stock units?

The grant date for the restricted stock units was February 18, 2026.

How will the restricted stock units vest?

The units will vest in equal annual installments over four years.

What is TELA Bio's focus in medical technology?

TELA Bio prioritizes preserving and restoring patients' anatomy through innovative solutions.

Last updated: Feb 20, 2026