Press Releases April 1, 2026

Fate Therapeutics Reports New Employee Inducement Award Under Nasdaq Listing Rule 5635(c)(4)

Fate Therapeutics grants inducement RSUs to a new employee under Nasdaq rules

By Leila Farooq FATE
Fate Therapeutics Reports New Employee Inducement Award Under Nasdaq Listing Rule 5635(c)(4)
FATE

Fate Therapeutics announced the issuance of restricted stock units (RSUs) totaling 7,260 shares to a newly hired non-executive employee as an inducement to join the company. The RSUs vest over four years and were approved by the Compensation Committee in compliance with Nasdaq Listing Rule 5635(c)(4).

Key Points

  • Fate Therapeutics granted 7,260 RSUs to a new employee as part of an inducement equity award.
  • The RSUs will vest over four years with annual 25% increments, contingent on continued employment.
  • The issuance adheres to Nasdaq Listing Rule 5635(c)(4), allowing inducements to new employees without shareholder approval.

SAN DIEGO, April 02, 2026 (GLOBE NEWSWIRE) -- Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to bringing a first-in-class pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients with cancer and autoimmune diseases, today announced that on April 1, 2026, the Company granted restricted stock units (RSUs) representing 7,260 shares of its common stock to one newly-hired non-executive employee. The grant was approved by the Compensation Committee of the Company’s Board of Directors and granted under the Company’s Amended and Restated Inducement Equity Plan as an inducement material to the new employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest over four years, with 25% of the shares underlying each RSU award vesting on each anniversary of the grant date, subject to the employee being continuously employed by the Company through each vesting date.

About Fate Therapeutics, Inc.
Fate Therapeutics is a clinical-stage biopharmaceutical company dedicated to bringing a pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies to patients. Using its proprietary iPSC product platform, the Company has established a leadership position in creating multiplexed-engineered master iPSC lines and in the manufacture and clinical development of off-the-shelf, iPSC-derived cell products. The Company’s pipeline includes iPSC-derived T-cell and natural killer (NK) cell product candidates, which are selectively designed, incorporate novel synthetic controls of cell function, and are intended to deliver multiple therapeutic mechanisms to patients. Fate Therapeutics is headquartered in San Diego, CA. For more information, please visit www.fatetherapeutics.com.

Contact:
Ryan Douglas
Fate Therapeutics, Inc.
IR@fatetherapeutics.com


Risks

  • Potential dilution of existing shareholders' equity due to new stock issuance.
  • The inducement RSU is granted to a non-executive employee, so its long-term impact on company performance is uncertain.
  • As a clinical-stage biopharmaceutical firm, Fate faces inherent risks related to clinical and regulatory progress affecting stock performance.

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