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Scholar Rock Reports New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Scholar Rock granted inducement equity awards totaling 38,481 shares to six newly hired employees.
  • The awards consist of 12,061 inducement stock options & 26,420 inducement restricted stock units.
  • Awards are subject to the Company's 2022 Inducement Equity Plan, used exclusively for new hires or those returning after a non-employment period under Nasdaq Listing Rule 5635(c)(4).
  • Inducement stock options have an exercise price of $48.35, based on the closing price on May 11, 2026.
  • Stock options vest 25% on the first anniversary of the start date, with the remaining 75% vesting in 12 equal quarterly installments.
  • Restricted stock units vest in four equal annual installments.
  • All vesting is contingent upon the employees' continuing service through the applicable dates.
  • Scholar Rock is a late-stage biopharmaceutical company developing apitegromab for spinal muscular atrophy & other neuromuscular diseases.