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UroGen Pharma Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Key Takeaway: UroGen Pharma Ltd. has announced the grant of inducement restricted stock units (RSUs) to 21 new employees to support the commercialization of its products JELMYTO® and ZUSDURITM. The RSUs, which can amount to up to 102,700 ordinary shares, will vest over three years. This initiative is aligned with Nasdaq Listing Rule 5635(c)(4) and reflects UroGen's commitment to enhancing its workforce as they continue to develop their cancer treatment pipeline.
Price reaction · baseline $27.6 (2026-06-04 close) · hit after-hours · clean, no other URGN news in the window
day 0 close · peak
-2.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • New employees will support ongoing commercialization efforts.
  • Inducement grants signal growth and investment in talent.
  • UroGen's products are focusing on important cancer treatments.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+188%
120-day peak, hindsight
Typical move
18.4%
average across 4 past catalysts
Cash runway
~9 mo
Medium dilution risk
Lead asset
UGN-104
Phase 3 · Upper Urinary Tract Urothelial Carcinoma

Full Press Release Details

PRINCETON, N.J., June 05, 2026 (GLOBE NEWSWIRE) -- UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, today announced the grants of inducement restricted stock units (“RSUs”) to 21 new employees in connection with their employment with UroGen. These new team members will support the ongoing commercialization of JELMYTO® (mitomycin) for pyelocalyceal solution and ZUSDURITM (mitomycin) for intravesical solution, UroGen’s only approved products, and the continued development of UroGen’s pipeline.
Up to 102,700 ordinary shares of UroGen are issuable upon the vesting and settlement of the RSUs. The RSUs will vest equally over three years, with one-third of the underlying shares vesting each year on the anniversary of the vesting date, subject in each case to the employee’s continued service relationship with UroGen.
The RSUs are subject to the terms and conditions of UroGen’s 2019 Inducement Plan and RSU grant notice and agreement thereunder. The RSUs were granted as an inducement material to each employee entering into employment with UroGen in accordance with Nasdaq Listing Rule 5635(c)(4).
About UroGen Pharma Ltd.
JELMYTO®, RTGel®, ZUSDURI™ and UroGen® are registered trademarks of UroGen Pharma Ltd.

Frequently Asked Questions

What is UroGen Pharma focused on?

UroGen Pharma specializes in developing treatments for urothelial and specialty cancers.

How many employees received RSUs at UroGen?

UroGen granted RSUs to 21 new employees as part of their employment.

What products does UroGen currently market?

UroGen's marketed products include JELMYTO® and ZUSDURI™.

How long is the RSU vesting period?

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

What plan governs the RSU grants at UroGen?

The RSUs are governed by UroGen's 2019 Inducement Plan.

Last updated: Jun 5, 2026