Form 8-K
8-K — Structure Therapeutics Inc.
Accession: 0001104659-26-043425
Filed: 2026-04-15
Period: 2026-04-15
CIK: 0001888886
SIC: 2834 (PHARMACEUTICAL PREPARATIONS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 15, 2026
Structure
Therapeutics Inc.
(Exact name of registrant as specified in its
charter)
Cayman
Islands
001-41608
98-1480821
(State
or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
601
Gateway Blvd., Suite
900
South
San Francisco, California
94080
(Address
of principal executive offices)
(Zip
Code)
(Registrant’s
telephone number, including area code): (650)
457-1978
Not Applicable
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
¨
Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title
of Each Class
Name Of Each Exchange
Trading Symbol(s)
On Which
Registered
American
Depositary Shares (ADSs), each representing three
ordinary shares, par value $0.0001 per ordinary share
GPCR
Nasdaq
Global Market
Ordinary
shares, par value $0.0001 per share*
True
Nasdaq
Global Market*
* Not for trading, but only in connection with the registration of
the American Depositary Shares
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02 Departure of Director or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Matthew Lang was appointed as Structure
Therapeutics, Inc.’s (the “Company”) Chief Operating Officer and General Counsel, effective April 15, 2026.
Mr. Lang previously served as the Chief
Legal Officer and Corporate Secretary at Metsera, Inc. (“Metsera”), a biopharmaceutical
company, from April 2025 until February 2026 and prior to Metsera Mr. Lang served as Chief Business Officer and Chief Legal
Officer and Corporate Secretary of Lyell Immunopharma, Inc. (“Lyell”), a biotechnology company, from July 2023 to April
2025. Before joining Lyell, Mr. Lang held several executive officer positions at Myovant Sciences, Inc.
(“Myovant”), a biotechnology company, between 2017 and 2023, most recently as Chief Administrative and Legal Officer.
Mr. Lang also served as Managing Director and General Manager of Myovant Sciences GmbH in Basel, Switzerland. Mr. Lang
previously held leadership positions at Gilead Sciences, Inc. (“Gilead”), from November 2009 to July 2017, most recently as Vice President, Head of Global Litigation, Investigations, Employment Law and Information Governance.
Prior to Gilead, from 2003 to 2009, Mr. Lang was an attorney at Dechert LLP. Mr. Lang received his B.A. in Classical
Studies from Queen’s University at Kingston, Canada and his J.D. from the University of Pennsylvania Law School.
Pursuant to the terms of Mr. Lang’s employment
agreement (the “Employment Agreement”), effective as of April 15, 2026, Mr. Lang will receive a base salary of $560,000 per year and be eligible for an annual discretionary
bonus with a target amount of 40% of his base salary based on the achievement of certain corporate and/or individual objectives and milestones
that are determined by the Board of Directors of the Company, with no pro-ration of any annual discretionary
bonus payout for 2026. Mr. Lang will be granted (i) an option to purchase 223,776 ordinary shares (representing 74,592 American Depositary
Shares (“ADSs”)), (ii) a time-based restricted share unit award (the “RSUs”) in respect of 184,614 ordinary shares
(representing 61,538 ADSs) and (iii) a performance-based restricted share unit award (the “PSUs”) in respect of 46,155 ordinary
shares (representing 15,385 ADSs) at target levels. Mr. Lang’s employment may be terminated at-will by either party, with or without notice.
One-fourth of the shares underlying Mr. Lang’s
option award will vest on the first anniversary of the vesting commencement date, and the remaining shares will vest in 36 equal monthly
installments thereafter, subject to Mr. Lang’s continuous service through each vesting date. The RSUs will vest over four years
with one-quarter vesting on the first anniversary of the vesting commencement date, and on each anniversary thereafter, subject to Mr.
Lang’s continuous service through each vesting date.
The PSUs will be allocated to three separate
tranches, each of which will vest based on the achievement of the applicable milestone, as follows: (i) vesting of 25% of the PSUs
will be based upon achievement of the first milestone by December 31, 2027, (ii) vesting of 25% of the PSUs will be based upon achievement
of the second milestone by September 30, 2028, and (iii) vesting of 50% of the PSUs will be based upon achievement of the third
milestone by June 30, 2029. For each tranche, depending on when the milestone is achieved during the performance period, the number
of PSUs that vest may be between 75% to 125% of the target number of PSUs. If the milestone for a tranche is not achieved during the
applicable performance period, none of the PSUs allocated to such tranche will vest. Any PSUs that become eligible to vest based on achievement
of the applicable milestone will vest on the date such achievement is certified, subject to Mr. Lang’s continuous service through
such date.
The foregoing description of the Employment Agreement
does not purport to be complete and is qualified in its entirety by reference to the full text of the Employment Agreement which will
be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ending June 30, 2026.
Mr. Lang will enter into the Company’s
standard form of indemnification agreement, a form of which was filed as Exhibit 10.1 to the Company’s Registration Statement on
Form S-1 (File No. 333-269200), filed with the Securities and Exchange Commission on January 12, 2023.
The selection of Mr. Lang to serve as the Company’s
Chief Operating Officer and General Counsel was not pursuant to any arrangement or understanding with respect to any other person. In
addition, there are no family relationships between Mr. Lang and any director or executive officer of the Company. Mr. Lang has not been
a party to any transaction with the Company or its subsidiaries of the type required to be disclosed pursuant to Item 404(a) of Regulation
S-K, and no such transaction is currently contemplated.
Item 7.01 Regulation FD Disclosure.
The Company issued a press
release announcing Mr. Lang’s appointment. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and
incorporated herein by reference. The information set forth in this Item 7.01 and in the
press release attached hereto as Exhibit 99.1, is deemed to be “furnished” and shall not be deemed to be “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to the liabilities of that Section. The information set forth in this Item 7.01, including Exhibit 99.1, shall not be deemed
incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, except to the extent that
the Company specifically incorporates it by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No.
Description
99.1
Press Release
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Structure Therapeutics Inc.
Date: April 15, 2026
By:
/s/ Raymond Stevens
Raymond Stevens, Ph.D.
Chief Executive Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2611763d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Structure Therapeutics Appoints Matthew Lang,
J.D.
as Chief Operating Officer and General Counsel
SAN FRANCISCO, April 14, 2026 – Structure Therapeutics
Inc. (NASDAQ: GPCR), a clinical-stage global biopharmaceutical company developing novel oral small molecule therapeutics for metabolic
diseases, with a focus on obesity, today announced the appointment of Matthew Lang, J.D. as Chief Operating Officer and General Counsel.
Mr. Lang joins Structure Therapeutics with more than fifteen years of executive leadership experience across global biopharmaceutical
organizations, with deep expertise spanning legal, corporate strategy, compliance, risk management, and business development.
“Matt is a proven leader with a strong track record of guiding
organizations through growth and transformation,” said Raymond Stevens, Ph.D., CEO of Structure Therapeutics. “His experience
across global operations, strategic transactions, and commercialization will be critical as we move aleniglipron into Phase 3 and continue
to build a world-class leadership team.”
Mr. Lang most recently served as Chief Legal Officer and Secretary
at Metsera, Inc., helping to guide the company through its up to $10 billion acquisition by Pfizer. Prior to Metsera, Mr. Lang served
as Chief Business and Legal Officer at Lyell Immunopharma, Inc., and held several executive officer positions at Myovant Sciences, where
he helped lead the company through Phase 3 clinical development, global approval and commercialization of Myfembree® and Orgovyx®.
Mr. Lang also served as the Managing Director and General Manager of Myovant’s European operations in Basel Switzerland where he
was responsible for all aspects of Myovant’s ex-US business operations. Earlier in his career Mr. Lang held roles of increasing
seniority at Gilead Sciences, Inc., and was an attorney at Dechert, LLP. He received his B.A. in Classical Studies from Queen’s
University at Kingston, Canada and his J.D. from the University of Pennsylvania Law School.
“I am excited to join Structure Therapeutics at this important
stage as we move into Phase 3 development with one of the most promising late-stage assets in the competitive obesity landscape,”
said Mr. Lang. “The Company’s mission and differentiated portfolio represent a compelling opportunity to deliver a complete
pipeline of meaningful therapies to patients. I look forward to working with the team to further strengthen the Company’s operational
foundation, execute on strategic priorities, and drive long-term value.”
About Structure Therapeutics
Structure Therapeutics is a science-driven clinical-stage biopharmaceutical company focused on discovering and developing innovative oral
small molecule treatments for chronic metabolic conditions with significant unmet medical needs. Utilizing its next generation structure-based
drug discovery platform, the Company has established a robust GPCR-targeted pipeline, featuring multiple wholly-owned proprietary clinical-stage
oral small molecule compounds designed to surpass the scalability limitations of traditional biologic and peptide therapies and be accessible
to more people living with obesity around the world. For additional information, please visit www.structuretx.com.
Forward Looking Statements
This press release contains “forward-looking statements”
within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact are statements that could be deemed forward-looking statements, including, without limitation,
statements concerning: the Company’s future plans and prospects; and any expectations regarding the potential benefits, tolerability
and safety profile, accessibility, scalability, combinability, capability, efficacy, convenience, expected effects and future application
of aleniglipron and any other of the Company’s investigational compounds. In addition, when or if used in this press release, the
words and phrases “anticipated,” “believe,” “expect,” “may,” “on track,” “plan,”
“potential,” “suggests,” “to be,” “to begin,” “will,” and similar expressions
and their variants, as they relate to the Company may identify forward-looking statements. Forward-looking statements are neither historical
facts nor assurances of future performance. Although the Company believes the expectations reflected in such forward-looking statements
are reasonable, the Company can give no assurance that such expectations will prove to be correct. Readers are cautioned that actual results,
levels of activity, safety, performance or events and circumstances could differ materially from those expressed or implied in the Company’s
forward-looking statements due to a variety of risks and uncertainties, which include, without limitation: risks and uncertainties related
to potential delays in the commencement, enrollment and completion of the Company’s planned clinical studies; the Company’s
ability to advance aleniglipron, ACCG-2671, ACCG-3535, ANPA-0073, LTSE-2578, and its other therapeutic candidates, obtain regulatory approval
of, and ultimately commercialize the Company’s therapeutic candidates; competitive products or approaches limiting the commercial
value of the Company’s product candidates; the Company’s ability to fund development activities and achieve development goals;
and other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission (SEC), including
the Company’s latest Annual Report on Form 10-K and future reports the Company may file with the SEC from time to time. All forward-looking
statements contained in this press release speak only as of the date on which they were made and are based on management’s assumptions
and estimates as of such date. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances
that exist after the date on which they were made, except as required by law.
Investors:
Corey Davis, Ph.D.
LifeSci Advisors, LLC
212-915-2577
cdavis@lifesciadvisors.com
Jun Yoon
Structure Therapeutics Inc.
ir@structuretx.com
Media:
Dan Budwick
1AB
Dan@1abmedia.com
#####
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