Press Releases April 2, 2026

Anika Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Anika Therapeutics Grants Restricted Stock Units to New Employee Under Nasdaq Rule 5635(c)(4)

By Derek Hwang ANIK
Anika Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
ANIK

Anika Therapeutics, Inc. announced granting 3,138 restricted stock units (RSUs) to a newly hired non-executive employee as an inducement for employment, under the company's 2021 Inducement Plan and Nasdaq Listing Rule 5635(c)(4). The RSUs will vest over a three-year period contingent on continued service. The grant was approved by the compensation committee without stockholder approval.

Key Points

  • Anika granted 3,138 RSUs to a newly hired non-executive employee as a material inducement for employment.
  • The RSUs will vest in three equal installments over three years subject to continued service.
  • The grant follows Nasdaq Listing Rule 5635(c)(4) and did not require stockholder approval under the inducement plan.

BEDFORD, Mass., April 03, 2026 (GLOBE NEWSWIRE) -- Anika Therapeutics, Inc. (NASDAQ: ANIK), a global leader in the osteoarthritis pain management and regenerative solutions spaces focused on early intervention orthopedics, today announced that on April 1, 2026, Anika granted restricted stock units (“RSUs”) covering an aggregate of 3,138 shares of common stock to one newly hired non-executive employee. The grant was made pursuant to the Anika Therapeutics, Inc. 2021 Inducement Plan, as amended, was approved by the compensation committee of the board of directors pursuant to a delegation of authority by the board of directors, and, in accordance with Nasdaq Listing Rule 5635(c)(4), was made as a material inducement to the grantee’s acceptance of employment with Anika as a component of the grantee’s employment compensation.

The RSUs will vest in three equal installments on each of the first three anniversaries of the grant date, in each case for so long as the grantee provides continuous service to Anika through the relevant vesting date.

The RSUs are subject to the terms and conditions of the equity award agreement approved by Anika. The RSUs were granted pursuant to the Anika Therapeutics, Inc. 2021 Inducement Plan, as amended, which was not subject to stockholder approval.

About Anika

Anika Therapeutics, Inc. (NASDAQ: ANIK), is the global leader in the design, development, manufacturing, and commercialization of hyaluronic acid innovations. In partnership with clinicians, our sole focus is dedicated to delivering and advancing osteoarthritis pain management and orthopedic regenerative solutions. At our core is a passion to deliver a differentiated portfolio that improves patient outcomes around the world. Anika’s global operations are headquartered outside of Boston, Massachusetts. For more information about Anika, please visit www.anika.com.

For Investor Inquiries:
Anika Therapeutics, Inc.
Matt Hall, 781-457-9554
Director, Corporate Development and Investor Relations
investorrelations@anika.com


Risks

  • The vesting of RSUs is contingent on continuous service, posing retention risk if the employee leaves early.
  • Inducement grants can dilute existing shareholder equity over time.
  • The company's dependency on key talent in the orthopedics and regenerative medicine market creates operational risk if such employees depart.

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