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

  • Scholar Rock granted inducement equity awards covering 118,586 shares of common stock to eleven newly hired employees.
  • The awards consist of 33,987 inducement stock options & 84,599 inducement restricted stock units (RSUs).
  • The grants comply with the Company's 2022 Inducement Equity Plan & Nasdaq Listing Rule 5635(c)(4).
  • Inducement stock options carry an exercise price of $54.70, reflecting the closing stock price on July 13, 2026.
  • Stock option vesting schedules include 25% on the first anniversary of employment, with the remaining 75% vesting in 12 equal quarterly installments.
  • RSU vesting occurs 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 rare neuromuscular diseases.