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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 61,020 shares to seven newly hired employees.
  • The awards consist of 17,461 inducement stock options & 43,559 inducement restricted stock units.
  • Awards are governed by the Company's 2022 Inducement Equity Plan, utilized exclusively for new hires or returning employees after a bona fide non-employment period.
  • Inducement stock options have an exercise price of $41.94, matching the closing stock price on October 12, 2026.
  • Stock option vesting occurs at 25% on the first anniversary of the start date, with the remaining 75% vesting in 12 equal quarterly installments.
  • Restricted stock unit vesting occurs in four equal annual installments, contingent on continued service.
  • Scholar Rock commercializes ISEMBLYD (apitegromab-mstn) in the U.S. for SMA patients aged 2+ receiving SMN2-targeted treatment following FDA approval in September 2026.
  • The company plans to expand global access to ISEMBLYD in up to 50 countries.
  • Scholar Rock operates as a global leader in myostatin biology, developing novel monoclonal antibodies to modulate protein growth factors.