eHealth announces the granting of a 6,000-share inducement stock award to a new employee under Nasdaq Listing Rule 5635(c)(4), vesting over three years.
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| eHealth, Inc. has granted a 6,000-share stock unit award under its 2021 Inducement Plan to a new employee, in compliance with Nasdaq Listing Rule 5635(c)(4). Image: eHealth |
Austin, Texas, USA — April 5, 2025:
eHealth, a prominent online health insurance marketplace, has granted an inducement stock award to a new non-executive level employee. This move, announced on April 4, 2025, is in compliance with Nasdaq Listing Rule 5635(c)(4) and is part of eHealth’s ongoing efforts to attract top talent and strengthen its workforce.
On April 2, 2025, the company’s Compensation Committee approved a grant of 6,000 shares of common stock to the new employee. The stock units will vest over a period of three years, with one-third of the shares vesting on the first, second, and third anniversaries of the award’s commencement date, provided the employee remains in service with eHealth through each vesting date.
This inducement grant was made in accordance with Nasdaq’s listing requirements, specifically Rule 5635(c)(4), which allows companies to offer stock-based incentives to new hires. The company’s Amended and Restated 2021 Inducement Plan governs the terms of the award, and the stock units will be subject to the terms and conditions outlined in a stock unit agreement.
As a leading independent licensed insurance agency, eHealth has been helping millions of Americans find affordable health insurance coverage for over 25 years. With access to over 180 health insurers, including both national and regional companies, eHealth offers consumers a wide range of coverage options to meet their needs.
The company’s commitment to fostering long-term employee relationships through incentive programs is in line with its growth strategy. The inducement grant reflects eHealth’s focus on ensuring the success and engagement of its employees while enhancing the overall quality of its marketplace platform.