Press Releases May 14, 2026 04:30 PM

Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Esperion Therapeutics Grants Restricted Stock Units to New Employees Under NASDAQ Rule

By Nina Shah ESPR

Esperion Therapeutics has granted 260,000 restricted stock units (RSUs) to 23 new employees under its 2017 Inducement Equity Incentive Plan to incentivize new hires. The RSUs vest over four years contingent on continued employment. Esperion is a biopharmaceutical company focused on cardiometabolic and rare/orphan disease therapies and markets non-statin LDL-C lowering treatments.

Esperion Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
ESPR

Key Points

  • Esperion granted 260,000 RSUs to 23 new employees under NASDAQ inducement rule 5635(c)(4).
  • The RSUs vest 25% after one year and the remaining 75% quarterly over the next three years.
  • Esperion is a commercial-stage biopharma focused on innovative cardiometabolic therapies, holding products approved in over 40 countries.

ANN ARBOR, Mich., May 14, 2026 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that on May 12 2026, the Company granted 23 new employees 260,000 restricted stock units (RSUs) under Esperion’s 2017 Inducement Equity Incentive Plan.

The 2017 Inducement Equity Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Esperion (or following a bona fide period of non-employment), as an inducement material to such individual's entering into employment with Esperion, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.

Each RSU will vest and become exercisable as to 25 percent of the shares on the one-year anniversary of the recipient’s vesting commencement date and will vest and become exercisable as to the remaining 75 percent of the shares in twelve equal quarterly installments at the end of each quarter following such anniversary, in each case, subject to each such employee's continued employment with Esperion on such vesting dates. The RSUs are subject to the terms and conditions of Esperion’s 2017 Inducement Equity Incentive Plan, and the terms and conditions of the RSU agreement covering the grant.

Esperion Therapeutics
Esperion Therapeutics, Inc. is a commercial-stage biopharmaceutical company dedicated to developing and delivering innovative cardiometabolic and rare/orphan disease therapies. The Company leverages deep domain expertise in ACLY biology to develop and commercialize transformative medicines for patients worldwide. Esperion currently markets two oral, once-daily, non-statin therapies for patients struggling to maintain their low-density lipoprotein cholesterol (LDL-C) levels and are at risk of cardiovascular disease.

With a broad U.S. commercial infrastructure and global approvals across more than 40 countries, Esperion is well positioned to serve as a partner-of-choice for global innovators seeking U.S. market access through acquisition, in-license, co-promotion and revenue share opportunities. In tandem, the Company is advancing its leadership in ACLY biology to build a diversified pipeline of novel product candidates, including treatments for Primary Sclerosing Cholangitis and renal diseases. For more information, visit esperion.com and follow Esperion on LinkedIn and X.

Esperion Contact Information: 
Investors:  
Alina Venezia 
[email protected]
(734) 887-3903 

Media:  
Tiffany Aldrich  
[email protected]
(616) 443-8438 


Risks

  • The RSU inducement plan requires sustained employment, risking forfeiture if employees leave early, potentially affecting talent retention in biotech sector.
  • Market adoption and commercial success of Esperion's therapies face competitive and regulatory risks impacting revenue.
  • Pipeline development involving novel therapies for rare diseases carries typical biotech clinical and regulatory development uncertainties.

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