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InspireMD Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

InspireMD (Nasdaq: NSPR) announced that its Compensation Committee approved inducement grants totaling 36,118 restricted shares to one new non-executive employee, granted under the company's 2024 Inducement Plan with a grant date of January 14, 2026.

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InspireMD (Nasdaq: NSPR) announced that its Compensation Committee approved inducement grants totaling 36,118 restricted shares to one new non-executive employee, granted under the company's 2024 Inducement Plan with a grant date of January 14, 2026.

The awards were made outside the 2021 Equity Incentive Plan as an inducement material to the employee entering employment, in accordance with Nasdaq Listing Rule 5635(c)(4). The restricted stock vests over three years: one-third on the first anniversary and the remaining two-thirds in equal installments on the second and third anniversaries, subject to continued employment on each vesting date.

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Argus Jan 20 session
+1.26% close to close Open Argus
Details

News Market Reaction – NSPR

On Jan 20, the day this news came out, NSPR closed 1.26% above the previous close.

Data tracked by StockTitan Argus for the Jan 20 session.

Market Context

This announcement details a routine inducement grant of 36,118 restricted shares to a new non-execut...
Analysis

This announcement details a routine inducement grant of 36,118 restricted shares to a new non-executive employee under the 2024 Inducement Plan, vesting over three years per Nasdaq Listing Rule 5635(c)(4). It follows a series of recent updates, including pivotal trial data and Q3 2025 financials. Investors may track how recurring equity awards interact with the existing capital structure and monitor upcoming clinical, commercial, and regulatory milestones highlighted in prior releases.

Key Figures

Restricted stock granted: 36,118 shares Grant date: January 14, 2026
Restricted stock granted
36,118 shares
Inducement grant to one new non-executive employee under 2024 Inducement Plan
Grant date
January 14, 2026
Inducement restricted stock award under Nasdaq Listing Rule 5635(c)(4)

Historical Context

5 past events · Latest: Jan 12
5 events
  1. Jan 12

    Pivotal trial data

    24h Move
    -5.8%

    Publication of C-GUARDIANS pivotal trial showing low adverse event rates.

  2. Nov 24

    Clinical study news

    24h Move
    +1.6%

    CREST-2 data supporting carotid artery stenting benefits over medical therapy alone.

  3. Nov 21

    Inducement grants

    24h Move
    +13.5%

    Inducement grants of 122,054 restricted shares to new non-executive employees.

  4. Nov 19

    Conference participation

    24h Move
    -2.0%

    Announcement of participation in Piper Sandler healthcare conference webcast.

  5. Nov 04

    Earnings update

    24h Move
    -7.2%

    Q3 2025 results with revenue growth but higher operating expenses and net loss.

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), restricted stock, equity awards, Equity Incentive Plan, +1 more
5 terms
Nasdaq Listing Rule 5635(c)(4) regulatory
"as an inducement material to the non-executive employees ... 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.
restricted stock financial
"in the aggregate amount of 36,118 shares of restricted stock (the “Inducement Grants”)"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
equity awards financial
"used exclusively for the grant of equity awards to individuals who were not previously employees"
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
Equity Incentive Plan financial
"outside of InspireMD’s 2021 Equity Incentive Plan, with a grant date as of January 14, 2026"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Inducement Plan financial
"The Inducement Grants were granted under the InspireMD’s 2024 Inducement Plan"
An inducement plan is a program a company creates to encourage employees or new hires to stay or join by offering special benefits or rewards. It’s like a company giving extra bonuses or perks to persuade someone to choose their job over others, helping the company attract and keep talented workers.

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

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MIAMI, Jan. 20, 2026 (GLOBE NEWSWIRE) -- InspireMD, Inc. (Nasdaq: NSPR) (“InspireMD” or the “Company”), developer of the CGuard™ Prime carotid stent system for the prevention of stroke, today announced that the Compensation Committee of InspireMD’s Board of Directors approved inducement grants to one (1) new non-executive employee in the aggregate amount of 36,118 shares of restricted stock (the “Inducement Grants”) outside of InspireMD’s 2021 Equity Incentive Plan, with a grant date as of January 14, 2026, as an inducement material to the non-executive employees entering into employment with InspireMD, in accordance with Nasdaq Listing Rule 5635(c)(4).

The Inducement Grants were granted under the InspireMD’s 2024 Inducement Plan, which is used exclusively for the grant of equity awards to individuals who were not previously employees of InspireMD, or following a bona fide period of non-employment, as an inducement material to such individuals entering into employment with InspireMD, pursuant to Nasdaq Listing Rule 5635(c)(4).

The restricted stock vests over a three-year period, with one-third vesting on the first anniversary of the grant and the remainder vesting in two equal installments on the second and third anniversaries of the grant date, subject to continued employment with InspireMD as of such vesting dates.

About InspireMD, Inc.
InspireMD seeks to utilize its proprietary MicroNet™ mesh technology to make its products the industry standard for carotid stenting by providing outstanding acute results and durable, stroke-free long-term outcomes. InspireMD’s common stock is quoted on Nasdaq under the ticker symbol NSPR. We routinely post information that may be important to investors on our website. For more information, please visit www.inspiremd.com.

Forward-looking Statements
This press release contains “forward-looking statements.” Forward-looking statements include, but are not limited to, statements regarding InspireMD or its management team’s expectations, hopes, beliefs, intentions or strategies regarding future events, future financial performance, strategies, expectations, competitive environment and regulation. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential”, “scheduled” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with the Company’s history of recurring losses and negative cash flows from operating activities, significant future commitments and the uncertainty regarding the adequacy of its liquidity to pursue its complete business objectives, and substantial doubt regarding its ability to continue as a going concern; the Company’s need to raise additional capital to meet its business requirements in the future and such capital raising may be costly or difficult to obtain and could dilute out stockholders’ ownership interests; the clinical development, commercialization and market acceptance of the Company’s products; whether the clinical trial results for the Company’s products will be predictive of real-world results; an inability to secure and maintain regulatory approvals for the sale of the Company’s products; negative clinical trial results or lengthy product delays in key markets; the Company’s ability to maintain compliance with the Nasdaq listing standards; the Company’s ability to generate significant revenues from its products; estimates of the Company’s expenses, future revenues, capital requirements and its needs for and ability to access sufficient additional financing, including any unexpected costs or delays in the ongoing commercial launch of its products; the Company’s dependence on a single manufacturing facility and its ability to comply with stringent manufacturing quality standards and to increase production as necessary; the risk that the data collected from the Company’s current and planned clinical trials may not be sufficient to demonstrate that its technology is an attractive alternative to other procedures and products; intense competition in the Company’s industry, with competitors having substantially greater financial, technological, research and development, regulatory and clinical, manufacturing, marketing and sales, distribution and personnel resources than it does; entry of new competitors and products and potential technological obsolescence of the Company’s products; inability to carry out research, development and commercialization plans; loss of a key customer or supplier; technical problems with the Company’s research and products and potential product liability claims; product malfunctions; price increases for supplies and components; whether access to the Company’s products is achieved in a commercially viable manner and whether its products receive adequate reimbursement by governmental and other third-party payers; the Company’s efforts to successfully obtain and maintain intellectual property protection covering its products, which may not be successful; adverse federal, state and local government regulation, in the United States, Europe or Israel and other foreign jurisdictions; the fact that the Company conducts business in multiple foreign jurisdictions, exposing it to foreign currency exchange rate fluctuations, logistical and communications challenges, burdens and costs of compliance with foreign laws and political and economic instability in each jurisdiction; security, political and economic instability in the Middle East that could harm the Company’s business, including due to the current security situation in Israel; current or future unfavorable economic and market conditions and adverse developments with respect to financial institutions and associated liquidity risk; and changes in tariffs, trade barriers, price and exchange controls and other regulatory requirements and the impact of such policies on the Company, its customers and suppliers, and the global economic environment. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Investor Contacts:

Webb Campbell
Gilmartin Group LLC
webb@gilmartinir.com
investor-relations@inspiremd.com


FAQ

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

What did InspireMD (NSPR) announce on January 20, 2026 about inducement grants?

InspireMD announced Compensation Committee approval of 36,118 restricted shares granted to one new non-executive employee, with a grant date of January 14, 2026.

Under which plan were the InspireMD (NSPR) inducement awards granted?

The awards were granted under the company's 2024 Inducement Plan, outside the 2021 Equity Incentive Plan, per Nasdaq Listing Rule 5635(c)(4).

How do the restricted shares for the new InspireMD (NSPR) employee vest?

The restricted stock vests over three years: one-third on the first anniversary and the remainder in two equal installments on the second and third anniversaries, subject to continued employment.

Why did InspireMD (NSPR) issue inducement grants outside its 2021 equity plan?

The company used the 2024 Inducement Plan to grant equity as an inducement material to a new hire, in line with Nasdaq Listing Rule 5635(c)(4).

Does the Inspir eMD (NSPR) announcement state the number of employees receiving inducement shares?

Yes. The announcement states the grants were approved for one new non-executive employee in the aggregate amount of 36,118 shares.

What employment condition is required for vesting of the InspireMD (NSPR) restricted stock?

Vesting is subject to the recipient's continued employment with InspireMD as of each vesting date.

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