---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-189608"
form_type: "8-K"
ticker: "NPCE"
cik: "0001528287"
company_name: "NeuroPace Inc"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:22:05.773711+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NeuroPace grants CEO Joel Becker option for 380,424 shares as inducement to join

## Summary
- Compensation Committee approved 2023 Inducement Plan reserving 380,424 shares for awards to new employees.
- Granted Joel Becker an option to purchase 380,424 shares as material inducement for him to become CEO.
- Plan is substantially similar to 2021 Equity Incentive Plan but prohibits ISOs and limits awards to eligible new hires per Nasdaq rules.
- Inducement Plan adopted without stockholder approval under Nasdaq Listing Rule 5635(c)(4).
- Effective date of plan and grant: July 18, 2023.

## SEC filing metadata
- accession: 0001193125-23-189608
- form_type: 8-K
- ticker: NPCE
- cik: 0001528287
- company_name: NeuroPace Inc
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1528287/000119312523189608/0001193125-23-189608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1528287/000119312523189608/d451420d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-189608
- JSON: https://secwatch.observer/filing/0001193125-23-189608.json
- Plain text: https://secwatch.observer/filing/0001193125-23-189608.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.