Invivyd Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Invivyd (IVVD) granted stock options as inducement awards to six newly hired non-executive employees on September 1, 2026.
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Rhea-AI Summary
Invivyd (IVVD) granted stock options as inducement awards to six newly hired non-executive employees on September 1, 2026.
The employees received options to purchase an aggregate of 255,000 shares of Invivyd common stock under the 2026 Inducement Plan, in accordance with Nasdaq Listing Rule 5635(c)(4). The options have a per share exercise price of $0.8799, equal to the closing price on the grant date, and a 10-year term. Each option vests over four years, with 25% vesting on the first anniversary of the employee’s start date and the remainder vesting in equal monthly installments thereafter, subject to continuous service.
News Explained
Invivyd has granted options covering
Details
Market move: IVVD +3.86% in the Sep 3 session. inducement grant announcement
On Sep 3, the day this news came out, IVVD closed 3.86% above the previous close. Relative volume reached 3.3x the daily average during tracking.
Data tracked by StockTitan Argus for the Sep 3 session.
Key Figures
- Employees Granted Options
- 6 employees
- September 1, 2026 grant
- Aggregate Shares
- 255,000 shares
- Employee stock options
- Exercise Price
- $0.8799 per share
- Closing price on grant date
- Vesting Period
- 4 years
- Subject to continuous employee service
- Initial Vesting
- 25%
- Vests on the first anniversary of the employee's start date
- Option Term
- 10 years
- Under the 2026 Inducement Plan
Historical Context
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Chairman became CEO as VYD2311 results approached
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Revenue growth coincided with higher expenses and increased net loss
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Ten employees received options for 277,500 shares
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PEMGARDA EUA termination notice was received from FDA
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Fourteen employees received options for 493,000 shares
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
Nasdaq Listing Rule 5635(c)(4) regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW HAVEN, Conn., Sept. 03, 2026 (GLOBE NEWSWIRE) -- Invivyd, Inc. (Nasdaq: IVVD) today announced that on September 1, 2026, Invivyd granted six newly hired non-executive employees options to purchase an aggregate of 255,000 shares of its common stock, each as a material inducement for each employee’s entry into employment with Invivyd. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4) and pursuant to the Invivyd, Inc. 2026 Inducement Plan.
The options have a per share exercise price of
About Invivyd
Invivyd, Inc. (Nasdaq: IVVD) is a biopharmaceutical company devoted to delivering protection from serious viral infectious diseases, beginning with SARS-CoV-2. Invivyd deploys a proprietary integrated technology platform unique in the industry designed to assess, monitor, develop, and adapt to create best in class antibodies. In March 2024, Invivyd received emergency use authorization (EUA) from the U.S. FDA for a monoclonal antibody (mAb) in its pipeline of innovative antibody candidates. Visit https://invivyd.com/ to learn more.
This press release contains hyperlinks to information that is not deemed to be incorporated by reference in this press release.
Contacts:
Media Relations
(781) 208-0160
media@invivyd.com
Investor Relations
(781) 208-1747
investors@invivyd.com
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