Categories: Health

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

 | Source: BridgeBio Pharma, Inc.

PALO ALTO, Calif., Feb. 17, 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 February 12, 2026, the compensation committee of BridgeBio’s board of directors approved equity grants to 34 new employees in restricted stock units for an aggregate of 76,701 shares of the Company’s common stock. One-fourth of the shares underlying each employee’s restricted stock units will vest on February 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.

About BridgeBio Pharma, Inc.
BridgeBio exists to develop transformative medicines for genetic conditions. Millions of people worldwide living with genetic conditions lack treatment options, often because drug development for small patient populations can be commercially challenging. We aim to bridge the gap between advancements in genetic science and meaningful medicines for underserved patient populations. Our decentralized, hub-and-spoke model is designed for speed, precision, and scalability. Autonomous and empowered teams focus on individual conditions, while a central hub provides the clinical, regulatory, and commercial capabilities needed to bring innovation to market. For more information, visit bridgebio.com and follow us on LinkedIn, X, Facebook, Instagram, YouTube, and TikTok.

BridgeBio Media Contact:
Bubba Murarka, Executive Vice President, Corporate Development
contact@bridgebio.com
(650)-789-8220

BridgeBio Investor Contact:
Chinmay Shukla, Senior Vice President, Strategic Finance
ir@bridgebio.com

GlobeNews Wire

Recent Posts

Apollo Hospitals Brings Advanced Super Speciality Care to the Heart of Mumbai with New Centre in Dadar

Extending Apollo Hospitals Navi Mumbai's decade of clinical excellence closer to patients, reducing access barriers…

3 hours ago

One Wire Instruction Across 75+ Currencies: Keyrails Unveils World’s Biggest 3rd Party RTGS Network For Emerging Markets

Stable OS 2.0 enables financial institutions to execute trade payments through one unified wire instruction…

3 hours ago

ASICS LAUNCHES “BEAUTY” CAMPAIGN FEATURING POST-EXERCISE FACES TO SHOW THE GLOW THAT COMES FROM WITHIN

'Get the Glow' shows how 15 minutes of movement can lift and refresh body and…

3 hours ago

Exterro Launches Industry’s First Autonomous AI Engine to Eliminate Up to 95% of manual Subpoena Work and Reclaim 7,500 Enterprise Hours

Exterro Subpoena Manager unlocks $500,000+ in potential annual savings; puts legal and IT teams on…

3 hours ago

Construction of factory to produce Embraco compressors in India advances rapidly towards ramp up in the end of 2026

With steel structures arriving on site and around 100 workers in the field, the new…

3 hours ago

Next Level Aviation Appoints Clive Rankin as Senior Vice President – Global Business Development

DANIA BEACH, Fla., May 12, 2026 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in…

5 hours ago