Press Releases April 2, 2026 08:00 PM

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

BioCryst Grants Stock Options and Restricted Stock Units to New Employees as Inducements Under Nasdaq Rule

By Leila Farooq
Share
Twitter Reddit Facebook LinkedIn
BCRX

BioCryst Pharmaceuticals announced inducement grants consisting of stock options and restricted stock units to 12 newly hired employees, as permitted under Nasdaq Listing Rule 5635(c)(4). The grants aim to attract talent by providing equity incentives with a four-year vesting schedule and ten-year option term at the closing price on the grant date.

BioCryst Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
BCRX
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • BioCryst awarded options for 33,950 shares and RSUs for 123,350 shares to 12 new employees as inducement awards.
  • The option exercise price is $9.38, matching the April 1, 2026 closing price, with vesting over four years contingent on continued employment.
  • BioCryst focuses on developing treatments for hereditary angioedema and rare diseases, marketing the oral plasma kallikrein inhibitor ORLADEYO4.

RESEARCH TRIANGLE PARK, N.C., April 03, 2026 (GLOBE NEWSWIRE) -- BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) today announced that the compensation committee of BioCryst’s board of directors granted 12 newly-hired employees stock options to purchase an aggregate of 33,950 shares, and restricted stock units (RSUs) covering an aggregate of 123,350 shares, of BioCryst common stock. The options and RSUs were granted as of April 1, 2026, as inducements material to each employee entering into employment with BioCryst. The options and RSUs were granted in accordance with Nasdaq Listing Rule 5635(c)(4).

The options have an exercise price of $9.38 per share, which is equal to the closing price of BioCryst common stock on the grant date. The options and RSUs vest in four equal annual installments beginning on the one-year anniversary of the grant date, in each case subject to the new employee’s continued service with the company. Each stock option has a 10-year term. The options and RSUs are subject to the terms and conditions of BioCryst’s Inducement Equity Incentive Plan and a stock option agreement or restricted stock unit agreement, as applicable, covering the grant.

About BioCryst Pharmaceuticals
BioCryst is a global biotechnology company focused on developing and commercializing medicines for hereditary angioedema (“HAE”) and other rare diseases, driven by its deep commitment to improving the lives of people living with these conditions. BioCryst has commercialized ORLADEYO® (berotralstat), the first oral, once-daily plasma kallikrein inhibitor, and is advancing a pipeline of potential first-in-class or best-in-class oral small-molecule and injectable protein therapeutics for a range of rare diseases. For more information, please visit www.biocryst.com or follow us on LinkedIn.

BCRXW

Contact:
Investors:
investorrelations@biocryst.com

Media:
media@biocryst.com


Risks

  • The effectiveness of stock-based inducements depends on employee retention and company performance, risking dilution if share price declines.
  • Market demand and regulatory approvals for BioCryst's drug pipeline are not discussed, leaving clinical and commercial risks to future performance.
  • Equity incentives may increase outstanding shares, potentially diluting existing shareholders if stock price underperforms.

More from Press Releases

Cipher Digital Inc. Announces Proposed Offering of $810.0 Million of Senior Secured Notes Jun 8, 2026 Aclarion Rejects Echo Lake Capital’s Unsolicited Acquisition Proposal Jun 8, 2026 Global-e to Participate in Morgan Stanley US Financials Conference Jun 8, 2026 Kymera Therapeutics Presents New Preclinical Lupus Data for KT-579, First-in-Class, Oral IRF5 Degrader, at EULAR and FOCIS Congresses Jun 8, 2026 Tonix Pharmaceuticals Secures Second Commercial Payer Agreement for TONMYA®, Expanding Total Commercial Coverage to ~52 Million U.S. Lives Jun 8, 2026