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Cogent Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

1. Cogent granted stock options to 10 new employees under the 2020 Inducement Plan. 2. 299,200 shares have been allocated with a 10-year term and four-year vesting. 3. The grants align with Nasdaq corporate governance rules. 4. The company focuses on precision therapies for genetically defined diseases. 5. Bezuclastinib targets KIT mutations in systemic mastocytosis and gastrointestinal tumors.

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Why Bullish?

Inducement grants imply organizational growth and talent acquisition, potentially enhancing innovation. Historically, positive employee compensation may lead to improved stock performance, as seen with biotech firms that leveraged talent successfully, such as Illumina.

How important is it?

The news reflects active expansion and investment in human capital, which is crucial for research-driven firms like Cogent. High relevance due to the direct linkage of employee performance to company performance in biotech.

Why Long Term?

Talent acquisition impacts future productivity and innovation over time. Successful implementation of therapies like bezuclastinib may take several years to reflect in market performance, as evidenced by long-term drug approval timelines.

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ILMNAMGNREGN
September 29, 2025 16:05 ET  | Source: Cogent Biosciences, Inc. WALTHAM, Mass. and BOULDER, Colo., Sept. 29, 2025 (GLOBE NEWSWIRE) -- Cogent Biosciences, Inc. (Nasdaq: COGT), a biotechnology company focused on developing precision therapies for genetically defined diseases, today announced that on September 25, 2025, the Compensation Committee of Cogent’s Board of Directors, made up entirely of independent directors, approved the grants of “inducement” equity awards to 10 new employees under the company’s 2020 Inducement Plan with a grant date of September 29, 2025. The awards were approved in accordance with Listing Rule 5635(c)(4) of the corporate governance rules of the Nasdaq Stock Market. The employees received, in the aggregate, nonqualified options to purchase 299,200 shares of Cogent common stock. Each option has a 10-year term, an exercise price equal to the closing price of Cogent’s common stock on the grant date, and a four-year vesting schedule with 25% vesting on the one-year anniversary of the grant date and the remainder vesting in equal monthly installments over the subsequent 36 months, provided such employee remains employed through each such vesting date.  About Cogent Biosciences, Inc. Cogent Biosciences is a biotechnology company focused on developing precision therapies for genetically defined diseases. The most advanced clinical program, bezuclastinib, is a selective tyrosine kinase inhibitor that is designed to potently inhibit the KIT D816V mutation as well as other mutations in KIT exon 17. KIT D816V is responsible for driving systemic mastocytosis, a serious disease caused by unchecked proliferation of mast cells. Exon 17 mutations are also found in patients with advanced gastrointestinal stromal tumors (GIST), a type of cancer with strong dependence on oncogenic KIT signaling. The company also has an ongoing Phase 1 study of its novel internally discovered FGFR2/3 inhibitor. In addition, the Cogent Research Team is developing a portfolio of novel targeted therapies to help patients fighting serious, genetically driven diseases targeting mutations in ErbB2, PI3Kα and KRAS. Cogent Biosciences is based in Waltham, MA and Boulder, CO. Visit our website for more information at www.cogentbio.com. Follow Cogent Biosciences on social media: X (formerly known as Twitter) and LinkedIn. Information that may be important to investors will be routinely posted on our website and X. Contact:Christi WaarichSenior Director, Investor Relationschristi.waarich@cogentbio.com617-830-1653

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