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NewAmsterdam Pharma Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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NewAmsterdam Pharma (Nasdaq: NAMS) announced inducement equity grants for five non-executive new hires on May 1, 2026. The Compensation Committee approved 50,400 share options (exercise price $28.43) and 15,400 restricted stock units.

Options vest over four years (25% at one year then 36 monthly installments). RSUs vest over three years (one-third each year). Grants issued under the 2024 Inducement Plan pursuant to Nasdaq Listing Rule 5635(c)(4).

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News Market Reaction – NAMS

+5.03%
1 alert
+5.03% News Effect

On the day this news was published, NAMS gained 5.03%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Inducement stock options: 50,400 shares Option exercise price: $28.43 per share Option vesting term: 4 years +5 more
8 metrics
Inducement stock options 50,400 shares Aggregate options granted to five non-executive hires under 2024 Inducement Plan
Option exercise price $28.43 per share Exercise price equals Nasdaq closing price on May 1, 2026 (grant date)
Option vesting term 4 years 25% after one year, remainder in 36 equal monthly installments
Inducement RSUs 15,400 shares Aggregate restricted stock units granted to five non-executive new hires
RSU vesting term 3 years One-third vesting on each of the first three anniversaries of vesting start
ESPP share reserve 1,150,000 shares Shares reserved under proposed 2026 Employee Stock Purchase Plan in PRE 14A
Short interest 7.93% Reported short interest as percentage of float
Days to cover 8.74 days Short interest relative to recent trading volume

Market Reality Check

Price: $33.68 Vol: Volume 1,407,566 is 1.58x...
high vol
$33.68 Last Close
Volume Volume 1,407,566 is 1.58x the 20-day average of 891,599, showing elevated trading ahead of this routine HR update. high
Technical Shares at $28.43 are trading below the 200-day MA of $31.66, and about 32.31% under the 52-week high.

Peers on Argus

Among close biotech peers, moves were mixed: MLYS +5.44%, CRNX +0.42%, while VKT...
1 Down

Among close biotech peers, moves were mixed: MLYS +5.44%, CRNX +0.42%, while VKTX -4.15%, RARE -0.52%, APLS -0.01%. With only one momentum peer flagged and no consistent direction, NAMS’s action looks stock-specific rather than a sector-wide move.

Historical Context

5 past events · Latest: Apr 08 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Apr 08 Conference appearance Neutral +0.3% Needham virtual healthcare conference fireside chat announcement and webcast details.
Apr 02 Inducement grants Neutral +3.4% Inducement options and RSUs for two non-executive hires under 2024 plan.
Mar 23 Scientific presentations Positive +3.7% ACC.26 posters on obicetrapib kidney outcomes, safety, and LDL-CVD risk data.
Mar 06 Inducement grants Neutral +3.0% Equity inducement awards to two hires with multi-year vesting schedules.
Feb 25 Investor conferences Neutral -2.8% Planned participation in multiple March investor conferences and webcasts.
Pattern Detected

Recent "news"-tag items (inducement grants, conference participation) have often coincided with modest positive moves, suggesting the stock has reacted constructively to routine corporate updates.

Recent Company History

Over the last few months, NAMS news flow has centered on conferences and equity incentives. Inducement grant announcements on Mar 2, 2026 and Apr 1, 2026 under the 2024 Inducement Plan drew modest gains of 3.05% and 3.43%. Scientific visibility increased with three ACC.26 presentations announced on Mar 23, 2026, associated with a 3.7% move. Conference participation and corporate outreach (Needham, March investor events) round out a pattern of steady, non-transformational updates similar in tone to today’s inducement awards.

Market Pulse Summary

The stock moved +5.0% in the session following this news. A strong positive reaction aligns with pri...
Analysis

The stock moved +5.0% in the session following this news. A strong positive reaction aligns with prior responses to similar equity grant announcements, which previously accompanied 3–4% moves on routine inducement news. While the awards add incremental share-based compensation over time, they also reflect ongoing hiring to support late-stage programs. Investors would watch how repeated equity incentives, insider selling activity, and conference or clinical updates interact to determine whether enthusiasm proves durable.

Key Terms

nasdaq listing rule 5635(c)(4), restricted stock units
2 terms
nasdaq listing rule 5635(c)(4) regulatory
"approved the grant of inducement share options... in accordance with Nasdaq Listing Rule 5635(c)(4)."
NASDAQ Listing Rule 5635(c)(4) is a rule that requires a company to get approval from its shareholders before selling a large amount of its shares, usually over 20%. This helps protect investors by making sure the company doesn't flood the market with new shares without their say, which could lower the stock's value.
restricted stock units financial
"The Compensation Committee... also approved the grant of restricted stock units covering an aggregate of 15,400 of NewAmsterdam’s ordinary shares"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

AI-generated analysis. Not financial advice.

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NAARDEN, the Netherlands and MIAMI, May 01, 2026 (GLOBE NEWSWIRE) -- NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS or “NewAmsterdam” or the “Company”), a late-stage, clinical biopharmaceutical company developing oral, non-statin medicines for patients at risk of cardiovascular disease (“CVD”) with elevated low-density lipoprotein cholesterol (“LDL-C”), for whom existing therapies are not sufficiently effective or well-tolerated, today announced that the Compensation Committee of NewAmsterdam’s Board of Directors approved the grant of inducement share options covering an aggregate of 50,400 of NewAmsterdam’s ordinary shares to five non-executive new hires. The share options were granted as an inducement material to the employees’ acceptance of employment with NewAmsterdam pursuant to the NewAmsterdam Pharma Company N.V. 2024 Inducement Plan (the “2024 Inducement Plan”) and in accordance with Nasdaq Listing Rule 5635(c)(4).

The share options have an exercise price per share equal to $28.43, which represents the closing market price on the Nasdaq Stock Market of the Company’s ordinary shares on May 1, 2026, the grant date. The shares subject to the options will vest over four years, with 25% of the shares vesting on the one-year anniversary of the applicable vesting commencement date and the balance of the shares vesting in a series of 36 equal monthly installments thereafter, subject to each employee’s continued service with NewAmsterdam on such vesting dates. The options are subject to the terms and conditions of the 2024 Inducement Plan and the terms and conditions of an option award agreement covering the grant.

The Compensation Committee of NewAmsterdam’s Board of Directors also approved the grant of restricted stock units covering an aggregate of 15,400 of NewAmsterdam’s ordinary shares to five non-executive new hires. The restricted stock units were granted as an inducement material to the employees’ acceptance of employment with NewAmsterdam pursuant to the 2024 Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).

The restricted stock units were granted on May 1, 2026. The restricted stock units will vest over three years, with one-third of the restricted stock units vesting on each of the one-year, two-year and three-year anniversaries of the applicable vesting commencement date, subject to each employee’s continued service with NewAmsterdam on such vesting dates. The restricted stock units are subject to the terms and conditions of the 2024 Inducement Plan and the terms and conditions of a restricted stock unit award agreement covering the grant.

About NewAmsterdam
NewAmsterdam Pharma (Nasdaq: NAMS) is a late-stage biopharmaceutical company whose mission is to improve patient care in populations with metabolic diseases where currently approved therapies have not been adequate or well tolerated. We seek to fill a significant unmet need for a safe, well-tolerated and convenient LDL-lowering therapy. In multiple phase 3 studies, NewAmsterdam is investigating obicetrapib, an oral, low-dose and once-daily CETP inhibitor, alone or as a fixed-dose combination with ezetimibe, as LDL-C lowering therapies to be used as an adjunct to statin therapy for patients at risk of CVD with elevated LDL-C, for whom existing therapies are not sufficiently effective or well tolerated.

Company Contact
Matthew Philippe
P: 1-917-882-7512
matthew.philippe@newamsterdampharma.com


FAQ

What equity inducement did NewAmsterdam (NAMS) grant on May 1, 2026?

NewAmsterdam granted 50,400 share options and 15,400 restricted stock units on May 1, 2026. According to NewAmsterdam, the awards were inducements for five non-executive new hires under the 2024 Inducement Plan and Nasdaq Rule 5635(c)(4).

What is the exercise price for NAMS share options granted May 1, 2026?

The exercise price for the options is $28.43 per share, equal to the closing market price on the grant date. According to NewAmsterdam, that price reflects the Nasdaq closing price on May 1, 2026 used for the grant.

How do the NAMS option vesting terms work for the May 1, 2026 grants?

Options vest over four years with 25% at the one-year anniversary and the remainder in 36 equal monthly installments. According to NewAmsterdam, vesting is subject to each employee's continued service on vesting dates.

What are the vesting terms for the restricted stock units NewAmsterdam granted on May 1, 2026?

The restricted stock units vest over three years, with one-third vesting at each annual anniversary. According to NewAmsterdam, vesting is conditioned on the employee's continued service through each vesting date.

Under which plan and Nasdaq rule were the NAMS inducement awards made?

The awards were granted under the 2024 Inducement Plan in accordance with Nasdaq Listing Rule 5635(c)(4). According to NewAmsterdam, the grants were approved by the Compensation Committee as inducements for new hires.