Outset Medical Reports Inducement Grant Under Nasdaq Listing Rule

Medical tech firm announces new executive and employee equity awards

Apr. 9, 2026 at 2:37am

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A highly reflective, chrome medical device component or dialysis equipment part floating on a clean, white background, dramatically lit to showcase the engineering and innovation behind Outset Medical's dialysis technology.Outset Medical's advanced dialysis technology is drawing top talent to drive continued innovation in kidney care.San Jose Today

Outset Medical, Inc., a medical technology company focused on improving dialysis treatment, announced that its Board of Directors approved equity awards in the form of restricted stock units (RSUs) as an inducement to employment for a newly appointed Executive Vice President of Commercial and another non-executive employee. The RSUs will vest over a three-year period and were granted in accordance with Nasdaq Listing Rule 5635(c)(4).

Why it matters

Outset Medical is a prominent player in the dialysis technology space, and the announcement of these inducement grants highlights the company's efforts to attract top talent to drive its growth and innovation in this critical healthcare segment.

The details

The equity awards granted include 96,000 RSUs for the new Executive Vice President of Commercial, Derick Elliott, and 10,380 RSUs for another newly appointed non-executive employee. The RSUs will vest over a three-year period, with 33.33% vesting on the one-year anniversary of each employee's start date and the remaining 66.67% vesting in quarterly installments thereafter, subject to continued service.

  • The equity awards were approved by Outset Medical's Board of Directors on April 8, 2026.
  • The RSUs will begin vesting on the one-year anniversary of each employee's start date.

The players

Outset Medical, Inc.

A medical technology company pioneering dialysis technology to improve clinical outcomes with less cost and complexity.

Derick Elliott

Outset Medical's newly appointed Executive Vice President of Commercial.

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What’s next

Outset Medical will continue to monitor the performance and retention of the newly hired employees who received the inducement grants.

The takeaway

Outset Medical's strategic use of inducement grants to attract top talent highlights the company's commitment to innovation and growth in the dialysis technology space, as it seeks to drive better outcomes for patients and healthcare providers.