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Ascendis Pharma grants 35,890 employee warrants

The warrants vest over multiple years, with the monthly portion conditioned on continued service and earlier vesting possible upon certain exit events.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

Ascendis Pharma A/S (ASND) granted 35,890 warrants to certain employees on October 13, 2026. Each warrant gives the holder the right to subscribe for one ordinary share at an exercise price of US $223.21 per share.

Subject to earlier vesting upon certain exit events, 25% of the warrants vest on the first anniversary of the grant; the remaining 75% vest at a rate of 1/36th per month from one year after the grant, subject to continued service. The company amended its Articles of Association in connection with the grant. Afterward, warrants to subscribe for an additional 1,459,173 shares remained available for future grants.

Warrants granted 35,890 warrants Granted to certain employees on October 13, 2026
Exercise price US $223.21 per share Price for each warrant
Initial vesting portion 25% Vests on the one-year anniversary of the grant
Remaining vesting portion 75% Vests at a rate of 1/36th per month from one year after the grant
Monthly vesting rate 1/36th per month Applies to the remaining warrants from one year after the grant
Shares underlying warrants available for future grant 1,459,173 shares Available after the October 13, 2026 grant
warrants financial
"Each Warrant confers the right to subscribe for one ordinary share"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
exercise price financial
"has an exercise price equal to US $223.21 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.
vesting financial
"25% of the Warrants will vest on the one year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exit events financial
"earlier vesting upon the occurrence of certain exit events"
Articles of Association regulatory
"under the terms of Appendix 1a to the Company’s Articles of Association"
A company's articles of association are its written rulebook that sets how the business is run, how decisions are made, and what rights owners and directors have—covering voting, meetings, appointment and removal of directors, share classes and dividend policies. For investors, these rules matter because they determine how easily control can change, what protections minority owners have, and how corporate actions (like issuing new shares or changing leadership) are approved, much like a home’s bylaws shaping what residents can and cannot do.

FAQ

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

How many warrants did ASND grant, and what is the exercise price?

Ascendis Pharma A/S granted 35,890 warrants to certain employees on October 13, 2026, with an exercise price of US $223.21 per share. Each warrant gives the holder the right to subscribe for one ordinary share.

How do the new ASND employee warrants vest?

25% vest on the one-year anniversary of the grant, and the remaining 75% vest at a rate of 1/36th per month from one year after the grant, subject to continued service. Earlier vesting may occur upon certain exit events.

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

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October, 2026

Commission File Number: 001-36815

 

 

Ascendis Pharma A/S

(Translation of registrant’s name into English)

 

 

Tuborg Boulevard 12

DK-2900 Hellerup

Denmark

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 
 


INCORPORATION BY REFERENCE

This report on Form 6-K shall be deemed to be incorporated by reference into the registration statements on Form S-8 (Registration Numbers 333-203040, 333-210810, 333-211512, 333-213412, 333-214843, 333-216883, 333-228576, 333-254101, 333-261550, 333-270088, 333-277519, 333-281916, 333-285322 and 333-293854) and Form F-3 (Registration Numbers 333-209336 and 333-282196) of Ascendis Pharma A/S (the “Company”) (including any prospectuses forming a part of such registration statements) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 

Warrant Grants

On October 13, 2026, the Company’s board of directors granted an aggregate of 35,890 warrants to certain employees of the Company (the “Warrants”) under the terms of Appendix 1a to the Company’s Articles of Association. In connection with the grant of these Warrants, the Company amended its Articles of Association to provide for the grant of these Warrants. Each Warrant confers the right to subscribe for one ordinary share of the Company and has an exercise price equal to US $223.21 per share, the closing price of the Company’s ordinary shares as reported on the date of grant. Subject to earlier vesting upon the occurrence of certain exit events, 25% of the Warrants will vest on the one year anniversary of the date of grant and the remaining 75% will vest at a rate of 1/36th per month from one year after the date of grant, subject to continued service.

After giving effect to the grant of the Warrants described above, warrants to subscribe for an additional 1,459,173 shares of the Company remain available for future grant by the Company’s board of directors pursuant to the Company’s Articles of Association. The foregoing description of the material terms of the Warrants is qualified in its entirety by reference to the Company’s Articles of Association, which is included as Exhibit 1.1 hereto and incorporated by reference herein.

Exhibits

 

Exhibit
No.
  

Description

1.1    Articles of Association.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    Ascendis Pharma A/S
Date: October 14, 2026     By:  

/s/ Michael Wolff Jensen

      Michael Wolff Jensen
      Executive Vice President, Chief Legal Officer

Filing Exhibits & Attachments

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