Spero Therapeutics, Inc.NASDAQ: SPRO

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

· Issued by Spero Therapeutics, Inc. via GlobeNewswire

Summary by 6ix AI

Spero Therapeutics, a clinical-stage biopharmaceutical company focused on medicines in immunology and inflammation, made grants on October 1, 2026 of an aggregate of 233,000 restricted stock units (rights to receive shares later) and 323,000 stock options (rights to buy shares) to new employees. The Compensation Committee of Spero's Board of Directors approved the grants.

Key details

  • The awards were made under the Spero Therapeutics, Inc. 2019 Inducement Equity Incentive Plan, as amended. The plan is used only for awards to people who were not previously Spero employees (or who are joining after a bona fide period of non-employment), as an incentive to join the company.
  • The grants were made as an incentive to the new employees under a Nasdaq stock exchange rule covering such inducement awards (Listing Rule 5635(c)(4)).
  • The options vest 25% on the first anniversary of each employee's start date, with the remainder vesting in 36 equal monthly installments after that.
  • The restricted stock units vest in four equal annual installments beginning on the first anniversary of each employee's start date.

What’s still pending

  • Vesting of both the options and the restricted stock units depends on the employees' continued employment with Spero through each vesting date.

6ix AI wrote this summary from the release below and checked it against the release.

Spero Therapeutics, Inc.

CAMBRIDGE, Mass., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Spero Therapeutics, Inc. (Nasdaq: SPRO), a clinical-stage biopharmaceutical company focused on advancing next-generation medicines in immunology and inflammation, today announced that the Compensation Committee of Spero's Board of Directors approved grants, made on October 1, 2026, of an aggregate of 233,000 restricted stock unit awards (RSUs) and 323,000 stock options to new employees under the Spero Therapeutics, Inc. 2019 Inducement Equity Incentive Plan, as amended (2019 Inducement Plan). The stock options and RSUs are being granted as an inducement material to Spero's new employees in accordance with Nasdaq Listing Rule 5635(c)(4).

The 2019 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Spero (or following a bona fide period of non-employment), as a material inducement for such individuals entering into employment with Spero, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.

The shares underlying the options vest as to 25% on the first anniversary of the employee's start date, with the remainder vesting in 36 equal monthly installments thereafter, subject to the employees' continued employment with Spero through the applicable vesting dates. The RSUs will vest in four equal annual installments beginning on the first anniversary of the employee's start date, subject to the employees' continued employment with Spero through the applicable vesting dates. The stock options and the RSUs are subject to the terms and conditions of the 2019 Inducement Plan and the stock option and the RSU agreement covering the grant.

About Spero Therapeutics
Spero Therapeutics is a clinical-stage biopharmaceutical company focused on advancing next-generation medicines for patients with serious immune-mediated diseases. The company's lead program, SP001, is a third-generation, Fc-silent anti-CD40L monoclonal antibody being advanced first in IgG4-related disease, with potential for development in additional immunological and inflammatory diseases. For more information, visit www.sperotx.com

Investor Relations Contact:
Shai Biran, PhD
Spero Therapeutics
[email protected]

Media Inquiries:
[email protected]

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