Fulcrum Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Fulcrum Therapeutics (Nasdaq: FULC) granted non‑statutory inducement stock options to a new employee under its 2022 Inducement Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

Rhea-AI Summary

Fulcrum Therapeutics (Nasdaq: FULC) granted non‑statutory inducement stock options to a new employee under its 2022 Inducement Stock Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The grant was for 70,000 options at an exercise price of $10.72, the closing price on Feb 2, 2026. Options have a 10‑year term and vest over four years: 25% at the first anniversary of employment, then 6.25% quarterly for the following 12 quarters, subject to continued service.

Argus Feb 9 session

+5.03% close to close Open Argus

Details

News Market Reaction – FULC

On Feb 9, the first trading day after this news, FULC closed 5.03% above the previous close.

Data tracked by StockTitan Argus for the Feb 9 session.

Market Context

On Feb 9, the first trading day after this news, the stock closed 5.0% above the previous close. A s...

Analysis

On Feb 9, the first trading day after this news, the stock closed 5.0% above the previous close. A strong positive reaction aligns with Fulcrum’s history of sharp moves around equity and clinical milestones. While this announcement details a routine inducement option grant of 70,000 shares at $10.72, prior news such as the December 2025 trial update and offerings also triggered large swings. Investors would have monitored whether existing insider selling patterns and prior capital raises limited the durability of any upside.

Key Figures

Current share price: $9.74 Inducement options: 70,000 options Exercise price: $10.72 per share +5 more

Current share price

$9.74

Prior close before inducement grant news

Inducement options

70,000 options

Grant to one new employee under 2022 Inducement Plan

Exercise price

$10.72 per share

Exercise price equals Feb 2, 2026 closing price

Option term

10 years

Non-statutory stock option duration

Vesting schedule

4 years

Options vest over four years subject to continued service

Initial vesting

25% of shares

Vest on first anniversary of employee’s start date

Subsequent vesting rate

6.25% quarterly

Over twelve successive quarters after first anniversary

Market cap

$630,016,279

Equity value prior to this news

Historical Context

5 past events · Latest: Jan 09

5 events

1. Jan 09

   Inducement option grants

   24h Move

   -3.5%

   Non-statutory stock options to three new employees under inducement plan.

2. Jan 07

   Conference participation

   24h Move

   -0.1%

   Participation announcement for 44th Annual J.P. Morgan Healthcare Conference.

3. Dec 10

   Public offering priced

   24h Move

   -5.5%

   Pricing of upsized $175.0M public offering of stock and pre-funded warrants.

4. Dec 08

   Offering proposed

   24h Move

   +46.0%

   Proposed $150.0M underwritten equity offering under effective shelf registration.

5. Dec 06

   Clinical trial update

   24h Move

   +46.0%

   Positive initial Phase 1b PIONEER trial results for pociredir in sickle cell.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

non-statutory stock options, nasdaq listing rule 5635(c)(4)

2 terms

non-statutory stock options financial

"the company granted non-statutory stock options to one new employee."

Non-statutory stock options are a type of reward that companies give to employees, allowing them to buy company shares at a set price within a certain period. Unlike formal or government-approved plans, these options are more flexible but may have different tax implications. For investors, they can influence a company's stock price and financial health, making them an important factor to consider.

nasdaq listing rule 5635(c)(4) regulatory

"as an inducement material to the new employee ... in accordance with Nasdaq Listing Rule 5635(c)(4)."

NASDAQ Listing Rule 5635(c)(4) is a rule that requires a company to get approval from its shareholders before selling a large amount of its shares, usually over 20%. This helps protect investors by making sure the company doesn't flood the market with new shares without their say, which could lower the stock's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CAMBRIDGE, Mass., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Fulcrum Therapeutics, Inc.^® (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on developing small molecules to improve the lives of patients with genetically defined rare diseases, today announced that the company granted non-statutory stock options to one new employee. Fulcrum granted stock options to purchase shares of the company’s common stock pursuant to the company’s 2022 Inducement Stock Incentive Plan, as amended, or the plan, as an inducement material to the new employee entering into employment with Fulcrum in accordance with Nasdaq Listing Rule 5635(c)(4).

Fulcrum granted the new employee 70,000 options to purchase shares of the company’s common stock at an exercise price of $10.72 per share, the closing price per share of Fulcrum’s common stock as reported on the grant effective date, February 2, 2026. The options have a ten-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the applicable employee’s start date and an additional 6.25% of the shares vesting in equal quarterly installments over the twelve successive quarters following the first anniversary, subject to the applicable employee’s continued service with the company through the applicable vesting dates.

About Fulcrum Therapeutics

Fulcrum Therapeutics is a clinical-stage biopharmaceutical company focused on developing small molecules to improve the lives of patients with genetically defined rare diseases in areas of high unmet medical need. Fulcrum’s lead clinical program is pociredir, a small molecule designed to increase expression of fetal hemoglobin for the treatment of sickle cell disease. Fulcrum uses proprietary technology to identify drug targets that can modulate gene expression to treat the known root cause of gene mis-expression. For more information, visit http://www.fulcrumtx.com and follow us on X (@FulcrumTx) and LinkedIn.

Contact:

Kevin Gardner
LifeSci Advisors, LLC
kgardner@lifesciadvisors.com
617-283-2856

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Fulcrum Therapeutics (FULC) grant on Feb 2, 2026 under Nasdaq Rule 5635(c)(4)?

Fulcrum granted 70,000 inducement stock options at the closing price of $10.72 per share. According to the company, the options were issued to a new employee under the 2022 Inducement Stock Incentive Plan and comply with Nasdaq Listing Rule 5635(c)(4).

What are the terms and exercise price of the FULC inducement options dated Feb 2, 2026?

The options have a 10‑year term and an exercise price of $10.72 per share. According to the company, the price equals the closing market price on Feb 2, 2026 and is subject to standard plan terms and service‑based vesting.

How do the FULC inducement options vest for the new employee?

Vesting is over four years: 25% at the first employment anniversary, then 6.25% quarterly for 12 quarters. According to the company, vesting is contingent on the employee’s continued service through each vesting date.

Does the FULC inducement grant represent a change to existing equity plans or shareholder dilution?

The announcement details a single inducement grant of 70,000 options and does not state broader plan changes or quantified dilution. According to the company, the grant was made under the existing 2022 Inducement Stock Incentive Plan.