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BridgeBio Pharma Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

Globe Newswire•06/11/2026•16:01 ET
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Key Highlights

  • ➤147,578 restricted stock units granted to 80 new employees
  • ➤RSU awards vest over one year, then quarterly installments
  • ➤Grants issued as employment inducements under Nasdaq Rule 5635(c)(4)

Expert Statements

Kaitlyn Reilly, Director, Communications at BridgeBio Pharma

“BridgeBio exists to develop transformative medicines for genetic conditions.”

PALO ALTO, Calif., Nov. 06, 2026 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (“BridgeBio” or the “Company”), a biopharmaceutical company focused on developing medicines for genetic conditions, today announced that on November 5, 2026, the compensation committee of BridgeBio’s board of directors approved equity grants to 80 new employees in restricted stock units for an aggregate of 147,578 shares of the Company’s common stock. One-fourth of the shares underlying each employee’s restricted stock units will vest on November 16, 2027, with one-twelfth of the remaining shares underlying each such employee’s restricted stock units vesting on a quarterly basis thereafter, in each case, subject to each such employee’s continued employment with the Company or one of its subsidiaries on such vesting dates.

The above-described awards were each granted as an inducement material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted pursuant to the terms of the Plan. The Plan was adopted by BridgeBio’s board of directors in November 2019, and amended and restated on February 10, 2023 and on December 13, 2023.

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