Press Releases April 21, 2026 04:10 PM

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

Autolus Therapeutics Grants Inducement Stock Options and RSUs Under Nasdaq Rule to New Employees

By Maya Rios AUTL
Autolus Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
AUTL

Autolus Therapeutics plc, a commercial-stage biopharmaceutical company listed on Nasdaq, announced inducement stock option awards and restricted stock units totaling over 126,000 shares to 15 new employees under its 2025 Inducement Plan. The awards are granted at the closing stock price as of April 13, 2026, with vesting schedules tied to continued employment. This move supports Autolus' growth and retention strategy in next-generation T cell therapies for cancer and autoimmune diseases.

Key Points

  • Autolus granted 68,500 stock options and 57,765 RSUs to 15 employees as inducement awards under Nasdaq Listing Rule 5635(c)(4).
  • The stock options have an exercise price of $1.47, equal to the closing price on April 13, 2026, with ten-year terms and four-year vesting.
  • Autolus is advancing T cell therapies, including a marketed product AUCATZYL® and a pipeline targeting hematological malignancies, solid tumors, and autoimmune diseases.

LONDON and GAITHERSBURG, Md., April 21, 2026 (GLOBE NEWSWIRE) -- Autolus Therapeutics plc (Nasdaq: AUTL), a commercial-stage biopharmaceutical company developing, manufacturing and delivering next-generation programmed T cell therapies and candidates, today announced that the Compensation Committee of the Company's Board of Directors granted stock option awards to purchase an aggregate of 68,500 American Depositary Shares and 57,765 restricted stock units (RSUs), each representing an equal number of ordinary shares, to 15 employees pursuant to the Company’s 2025 Inducement Plan. The stock options and RSUs were granted as an inducement material to the individual becoming an employee of Autolus in accordance with Nasdaq Listing Rule 5635(c)(4).

The stock option awards and RSUs have a grant date of April 14, 2026. The stock option awards have an exercise price of $1.47 per share, which is equal to the closing price of Autolus’ common stock on April 13, 2026. Each stock option award has a ten-year term and vests over four years, with 25% of the original number of shares vesting on the one-year anniversary of the hire date of the employee and the remainder vesting in 36 equal monthly installments thereafter. Each RSU vests in four equal annual installments. The options and RSUs are subject to the employee's continued service with Autolus through the applicable vesting dates.

About Autolus Therapeutics plc
Autolus Therapeutics plc (Nasdaq: AUTL) is a commercial-stage biopharmaceutical company developing, manufacturing and delivering next-generation T cell therapies and candidates for the treatment of cancer and autoimmune disease. Using a broad suite of proprietary and modular T cell programming technologies, Autolus is engineering precisely targeted and controlled T cell therapies that are designed to better recognize target cells, break down their defense mechanisms and eliminate these cells. Autolus has a marketed therapy, AUCATZYL®, and a pipeline of product candidates in development for the treatment of hematological malignancies, solid tumors and autoimmune diseases. For more information, please visit www.autolus.com.

Contact:  

Amanda Cray 
Executive Director, Investor Relations & External Communications
+1 617-967-0207 
[email protected] 


Risks

  • The inducement grants depend on employees maintaining service through vesting periods, risking forfeiture if employment ends early.
  • Stock option awards dilute existing shareholders and their value depends on future market price performance.
  • Autolus' success and financial performance remain subject to development, regulatory, and commercialization challenges typical in biopharmaceutical sector.

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