STOCK TITAN

New-hire stock inducement plan at Contineum Therapeutics (NASDAQ: CTNM)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Contineum Therapeutics, Inc. adopted a 2026 Employment Inducement Equity Incentive Plan, initially reserving 750,000 shares of its Class A common stock for awards.

The plan’s terms are described as substantially similar to the company’s 2024 Equity Incentive Plan, except that incentive stock options cannot be issued and awards may only be granted to recipients eligible under applicable Nasdaq rules. It was approved by the Board without stockholder approval under Nasdaq Listing Rule 5635(c)(4).

Awards may be granted only to new employees or rehires in connection with the commencement of employment when the grant is an inducement material to joining the company. Full plan documents and related stock option and restricted stock unit agreement forms will be filed as exhibits to the company’s Form 10-K for the year ended December 31, 2025.

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false 0001855175 0001855175 2026-01-23 2026-01-23

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 

FORM 8-K
 

 
CURRENT REPORT
 
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): January 23, 2026
 

 
Contineum Therapeutics, Inc.
(Exact name of registrant as specified in its charter)
 

 
 
 
         
Delaware
 
001-42001
 
27-1467257
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
     
3565 General Atomics Court, Suite 200
San Diego, California
 
 
92121
(Address of principal executive offices)  
(Zip Code)
 
(858) 333-5280
(Registrants telephone number, including area code)
 
N/A
(Former name or former address, if changed since last report)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Class A Common Stock, par value $0.001 per share
 
CTNM
 
The Nasdaq Global Market LLC
(Nasdaq Global Select Market)
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company          
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 
 


 

 
 
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On January 23, 2026, the Board of Directors (the “Board”) of Contineum Therapeutics, Inc. (the “Company”) approved the Continuem Therapeutics, Inc. 2026 Employment Inducement Equity Incentive Plan (the “2026 Inducement Plan”). The terms of the 2026 Inducement Plan are substantially similar to the terms of the Company’s 2024 Equity Incentive Plan with the exception that incentive stock options may not be issued under the Inducement Plan and awards under the Inducement Plan may only be issued to eligible recipients under the applicable Nasdaq rules. The 2026 Inducement Plan was adopted by the Board without stockholder approval pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.
 
The Board has initially reserved 750,000 shares of the Company’s Class A common stock for issuance pursuant to awards granted under the 2026 Inducement Plan. In accordance with Rule 5635(c)(4) of the Nasdaq Listing Rules, awards under the 2026 Inducement Plan may only be made to an employee who has not previously been an employee or member of the board of directors of the Company or any subsidiary, or following a bona fide period of non-employment by the Company or a subsidiary, if he or she is granted such award in connection with his or her commencement of employment with the Company or a subsidiary and such grant is an inducement material to his or her entering into employment with the Company or such subsidiary.
 
A complete copy of the 2026 Inducement Plan and the forms of stock option agreement and restricted stock unit agreement to be used thereunder will be filed as exhibits to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The above summary of the 2026 Inducement Plan does not purport to be complete and is qualified in its entirety by reference to such exhibit.
 
Item 9.01 Financial Statements and Exhibits.
 
(d)  Exhibits.
 
Exhibit No.
 
Description
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document).
    
 

 
 
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.
 
Date: January 26, 2026
 
     
Contineum Therapeutics, Inc.
   
By:
 
 /s/ Peter Slover
   
Peter Slover
   
Chief Financial Officer
Principal Financial Officer and Principal Accounting Officer
 
 

FAQ

What did Contineum Therapeutics (CTNM) announce in this 8-K?

Contineum Therapeutics disclosed that its Board approved the 2026 Employment Inducement Equity Incentive Plan, designed to grant equity awards to certain new employees.

How many shares are reserved under Contineum Therapeutics’ 2026 Inducement Plan?

The Board initially reserved 750,000 shares of Contineum Therapeutics’ Class A common stock for issuance pursuant to awards granted under the 2026 Inducement Plan.

Who is eligible to receive awards under CTNM’s 2026 Inducement Plan?

Awards may only be made to employees who have not previously been employees or directors of Contineum Therapeutics or its subsidiaries, or to rehires after a bona fide break in service, when the award is an inducement material to their employment.

Was shareholder approval required for Contineum Therapeutics’ 2026 Inducement Plan?

No. The 2026 Inducement Plan was adopted by the Board without stockholder approval, pursuant to Nasdaq Listing Rule 5635(c)(4).

How does the 2026 Inducement Plan differ from Contineum Therapeutics’ 2024 Equity Incentive Plan?

The 2026 Inducement Plan is substantially similar to the 2024 Equity Incentive Plan, except that incentive stock options may not be issued and awards are limited to eligible recipients under Nasdaq rules.

Where can investors find the full text of CTNM’s 2026 Inducement Plan?

A complete copy of the 2026 Inducement Plan and the related stock option and restricted stock unit agreement forms will be filed as exhibits to Contineum Therapeutics’ Form 10-K for the year ended December 31, 2025.
Contineum Therapeutics

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Biotechnology
Pharmaceutical Preparations
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United States
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