eHealth, Inc. Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Rhea-AI Summary

eHealth (NASDAQ: EHTH) has announced the granting of an inducement stock unit award to a new non-executive employee. The award, approved by the Compensation Committee on April 2, 2025, covers 6,000 shares of common stock under the company's Amended and Restated 2021 Inducement Plan.

The stock units will vest over three years, with one-third of shares vesting annually on the first, second, and third anniversary of the vesting commencement date, contingent on continued employment. This grant was made as an inducement for the new employee's employment agreement, complying with Nasdaq Listing Rule 5635(c)(4).

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AUSTIN, Texas, April 4, 2025 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH) (ehealth.com), a leading private online health insurance marketplace (the "Company"), today announced that on April 2, 2025, the Compensation Committee of its Board of Directors granted an inducement stock unit award to a new non-executive level employee covering an aggregate of 6,000 shares of the Company's common stock. The award was granted under the Company's Amended and Restated 2021 Inducement Plan (the "Inducement Plan") and otherwise will be subject to the terms and conditions of a stock unit agreement under the Inducement Plan.

The award will be subject to vesting over three years, with one-third of the shares vesting on each of the first, second and third anniversary of the award's vesting commencement date, subject to the employee's continued service with the Company through each vesting date. The stock unit award was granted as an inducement material to the new employee's entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).

About eHealth, Inc.
We're Matchmakers. For over 25 years, eHealth has helped millions of Americans find the health coverage that fits their needs at a price they can afford. As a leading independent licensed insurance agency and advisor, eHealth offers across to over 180 health insurers, including national and regional companies.

For more information, visit ehealth.com or follow us on LinkedIn, Facebook, Instagram, and X. Open positions can be found on our career page. 

Media Inquiries:
Lara Sasken
Chief Communications Officer
pr@ehealth.com

Investor Relations Contact:
Kate Sidorovich, CFA
Senior Vice President, Investor Relations & Strategy
investors@ehealth.com 

 

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SOURCE eHealth, Inc.

FAQ

How many shares are included in eHealth's (EHTH) latest inducement stock unit award?

The inducement stock unit award covers 6,000 shares of eHealth's common stock.

What is the vesting schedule for EHTH's April 2025 inducement grant?

The award vests over three years, with one-third of shares vesting annually on the first, second, and third anniversary dates.

Under which plan was eHealth's (EHTH) April 2025 inducement grant issued?

The grant was issued under eHealth's Amended and Restated 2021 Inducement Plan.

What Nasdaq rule does eHealth's (EHTH) April 2025 inducement grant comply with?

The grant complies with Nasdaq Listing Rule 5635(c)(4) for inducement material in employment agreements.