Kura Oncology Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Kura Oncology (Nasdaq: KURA) announced that on January 2, 2026 its Compensation Committee granted inducement nonstatutory stock options to three new employees under the company’s 2023 Inducement Option Plan.

Rhea-AI Summary

Kura Oncology (Nasdaq: KURA) announced that on January 2, 2026 its Compensation Committee granted inducement nonstatutory stock options to three new employees under the company’s 2023 Inducement Option Plan.

The grants total 49,750 options with an exercise price of $10.34 per share (the closing price on January 2, 2026). The options vest over four years: 25% of the shares vest on the one-year anniversary of the vesting commencement date, with the remaining shares vesting monthly over the following 36 months, subject to continued service. Grants are subject to the plan and applicable option agreements and were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

Argus Jan 5 session

-7.69% close to close 1.5x rel. volume Open Argus

Details

News Market Reaction – KURA

On Jan 5, the day this news came out, KURA closed 7.69% below the previous close.

Data tracked by StockTitan Argus for the Jan 5 session.

Key Figures

Inducement options granted: 49,750 shares New employees: 3 employees Option exercise price: $10.34 per share +3 more

Inducement options granted

49,750 shares

Nonstatutory stock options under 2023 Inducement Option Plan

New employees

3 employees

Recipients of inducement stock option awards

Option exercise price

$10.34 per share

Exercise price, equal to Jan 2, 2026 closing price

Vesting cliff

25% after 1 year

Initial vesting of inducement stock options

Remainder vesting period

36 months

Monthly vesting of remaining option shares

Prior close price

$10.335

Price before inducement grant announcement

Historical Context

5 past events · Latest: Dec 08

5 events

1. Dec 08

   Clinical data update

   24h Move

   -2.6%

   Reported strong KOMZIFTI triplet activity and manageable safety in AML cohorts.

2. Dec 03

   Investor event announcement

   24h Move

   +7.5%

   Scheduled virtual event to review ASH 2025 triplet data with investors.

3. Dec 02

   Commercial milestone

   24h Move

   -2.7%

   First U.S. KOMZIFTI sale triggered $135M milestone payment from Kyowa Kirin.

4. Nov 25

   Guideline inclusion

   24h Move

   +3.4%

   KOMZIFTI added as NCCN Category 2A option for certain AML patients.

5. Nov 13

   FDA approval

   24h Move

   +0.0%

   FDA granted full approval for KOMZIFTI in R/R NPM1‑mutated AML.

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

Key Terms

nonstatutory stock options, Nasdaq Listing Rule 5635(c)(4), exercise price, vesting commencement date

4 terms

nonstatutory stock options financial

"granted inducement awards consisting of nonstatutory stock options to purchase 49,750 shares"

A nonstatutory stock option is a company-issued right that lets an employee or contractor buy shares later at a set price, but it does not qualify for special tax breaks. Think of it like a voucher to buy stock at today’s price; when used, the difference between market price and voucher price is taxed as ordinary income to the holder. Investors care because these options create potential share dilution, affect reported compensation costs, and influence employee incentives and cash flow when taxes and withholdings are settled.

Nasdaq Listing Rule 5635(c)(4) regulatory

"in accordance with Nasdaq Listing Rule 5635(c)(4). Each stock option has an exercise"

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.

exercise price financial

"Each stock option has an exercise price equal to $10.34 per share, the closing price"

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting commencement date financial

"on the one-year anniversary of the applicable vesting commencement date and the balance"

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

SAN DIEGO, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Kura Oncology, Inc. (the “Company”) (Nasdaq: KURA), a biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer, today announced that on January 2, 2026, the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) granted inducement awards consisting of nonstatutory stock options to purchase 49,750 shares of common stock to three (3) new employees under the Company’s 2023 Inducement Option Plan, as amended. The Compensation Committee approved the stock options as an inducement material to such employees’ employment in accordance with Nasdaq Listing Rule 5635(c)(4).

Each stock option has an exercise price equal to $10.34 per share, the closing price of the Company’s common stock on January 2, 2026, and will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the applicable vesting commencement date and the balance of the underlying shares vesting monthly thereafter over 36 months, subject to the new employees’ continued service relationship with the Company through the applicable vesting dates. The stock options are subject to the terms and conditions of the Company’s 2023 Inducement Option Plan, as amended, and the terms and conditions of an applicable stock option agreement covering the grant.

About Kura Oncology
Kura Oncology is a biopharmaceutical company committed to realizing the promise of precision medicines for the treatment of cancer. Kura’s pipeline of small molecule drug candidates is designed to target cancer signaling pathways and address high-need hematologic malignancies and solid tumors. Kura developed and is commercializing KOMZIFTI™, the FDA-approved once-daily, oral menin inhibitor for the treatment of adults with relapsed or refractory NPM1-mutated acute myeloid leukemia, and continues to pioneer advancements in menin inhibition and farnesyl transferase inhibition. For additional information, please visit the Kura website at https://kuraoncology.com/ and follow us on X and LinkedIn.

Kura Contact

Investors and Media:
Greg Mann
858-987-4046
gmann@kuraoncology.com

FAQ

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

What did KURA announce about inducement grants on January 5, 2026?

Kura announced that its Compensation Committee granted 49,750 nonstatutory stock options on January 2, 2026 to three new employees under the 2023 Inducement Option Plan.

How many employees received inducement options and how many shares does KURA's grant cover?

The grants were made to three new employees and cover a total of 49,750 options.

What is the exercise price and vesting schedule for KURA's January 2, 2026 option grants?

Each option has an exercise price of $10.34 (closing price on January 2, 2026) and vests over four years: 25% at one year, then monthly over 36 months, subject to continued service.

Under which plan and Nasdaq rule were KURA's inducement awards approved?

The awards were granted under the 2023 Inducement Option Plan and approved as inducements in accordance with Nasdaq Listing Rule 5635(c)(4).

Are KURA's inducement options subject to additional terms or agreements?

Yes, the options are subject to the terms of the 2023 Inducement Option Plan as amended and the applicable stock option agreements.