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

Kura Oncology (Nasdaq: KURA) announced that on February 2, 2026 the Compensation Committee granted inducement nonstatutory stock options to four new employees totaling 69,750 shares under the 2023 Inducement Option Plan, as amended.

Rhea-AI Summary

Kura Oncology (Nasdaq: KURA) announced that on February 2, 2026 the Compensation Committee granted inducement nonstatutory stock options to four new employees totaling 69,750 shares under the 2023 Inducement Option Plan, as amended.

Each option has an exercise price of $8.27 (closing price on February 2, 2026) and vests over four years (25% at one year, then monthly over 36 months), subject to continued service and plan terms.

Argus Feb 6 session

+5.81% close to close 1.1x rel. volume Open Argus

Details

News Market Reaction – KURA

On Feb 6, the day this news came out, KURA closed 5.81% above the previous close.

Data tracked by StockTitan Argus for the Feb 6 session.

Key Figures

Inducement options granted: 69,750 shares Exercise price: $8.27 per share Vesting schedule: 25% after 1 year, remainder over 36 months +5 more

Inducement options granted

69,750 shares

Nonstatutory stock options to four new employees

Exercise price

$8.27 per share

Closing price on February 2, 2026 for inducement options

Vesting schedule

25% after 1 year, remainder over 36 months

Four-year vesting of inducement stock options

KOMZIFTI net product revenue

$2.1 million

From first sale (Nov 21–Dec 31, 2025)

Milestone payments

$195 million

Collaboration milestone payments reported Jan 11, 2026

Cash & short-term investments

$667.3 million

Balance as of Dec 31, 2025

Price vs 52-week high

-40.75%

Position relative to 52-week high of $12.49

Price vs 52-week low

36.78%

Above 52-week low of $5.41

Historical Context

5 past events · Latest: Jan 11

5 events

1. Jan 11

   Commercial/financial update

   24h Move

   -2.5%

   FDA approval, KOMZIFTI launch, early revenues and 2026 milestones outlined.

2. Jan 05

   Inducement option grants

   24h Move

   -7.7%

   Stock options granted to new employees under 2023 Inducement Option Plan.

3. Dec 08

   Clinical data update

   24h Move

   -2.6%

   KOMZIFTI triplet combination showed strong activity and manageable safety in AML.

4. Dec 03

   Investor event announcement

   24h Move

   +7.5%

   Announcement of virtual investor event to discuss ASH 2025 triplet data.

5. Dec 02

   Milestone payment

   24h Move

   -2.7%

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

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), inducement option plan, exercise price

4 terms

nonstatutory stock options financial

"granted inducement awards consisting of nonstatutory stock options to purchase 69,750 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

"approved the stock options as an inducement ... 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.

inducement option plan financial

"under the Company’s 2023 Inducement Option Plan, as amended"

A plan that grants stock options to newly hired or newly promoted employees and executives as a hiring or retention incentive, like offering a share of future upside instead of a higher salary. For investors this matters because these options can dilute existing shares, create ongoing compensation costs, and signal how management is being incentivized to grow the business—similar to giving a performance-based bonus that ties pay to company results.

exercise price financial

"Each stock option has an exercise price equal to $8.27 per share"

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.

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

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SAN DIEGO, Feb. 06, 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 February 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 69,750 shares of common stock to four (4) 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 $8.27 per share, the closing price of the Company’s common stock on February 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.

How many shares did KURA grant in the February 2, 2026 inducement awards?

Kura granted a total of 69,750 stock options across four new employees. According to Kura Oncology, the awards were approved by the Compensation Committee under Nasdaq Listing Rule 5635(c)(4). The grants are subject to the 2023 Inducement Option Plan and option agreements.

What is the exercise price and vesting schedule for KURA's inducement options granted Feb 2, 2026?

Each option has an exercise price of $8.27, equal to the Feb 2, 2026 closing price. According to Kura Oncology, options vest over four years: 25% at the one-year anniversary, then monthly over the following 36 months, subject to continued service.

Why did KURA use Nasdaq Listing Rule 5635(c)(4) for the February 2026 grants?

The Compensation Committee approved the grants as inducement awards material to new hires under Nasdaq Listing Rule 5635(c)(4). According to Kura Oncology, this rule permits equity awards granted as an inducement to obtain new employees when approved by the committee.

Who received the inducement stock options disclosed by Kura on February 6, 2026?

The awards were granted to four new employees as inducement stock options under the company's plan. According to Kura Oncology, the grants are tied to each new hire's continued service and the terms of the applicable option agreements.

Do KURA’s inducement option grants on Feb 2, 2026 immediately dilute existing shareholders?

The grants create potential future dilution if exercised but do not immediately change outstanding common shares. According to Kura Oncology, the options must be exercised at $8.27 per share and vest over four years, subject to plan terms and service.