eHealth, Inc. Implements Inducement Grants as CEO Succession Announced

On August 8, 2025, eHealth, Inc. (Nasdaq: EHTH), renowned for being a prominent private online health insurance marketplace, revealed a strategic decision involving inducement grants under Nasdaq Listing Rule 5635(c)(4). This follows the announcement made on July 29, 2025, indicating a leadership transition at the company.

Derrick Duke has been appointed to succeed Fran Soistman as the company's Chief Executive Officer, effective September 18, 2025. Mr. Duke officially joined the organization on August 4, 2025, aiming to facilitate a smooth transition of responsibilities. As part of this transition, the Compensation Committee of eHealth’s Board of Directors has granted Mr. Duke inducement restricted stock unit awards as a key part of his compensation package.

These awards were instituted in accordance with the terms of the company’s Amended and Restated 2021 Inducement Plan, specifically designed to attract skilled leaders to the organization. Mr. Duke's first inducement restricted stock unit award comprises 300,000 shares of eHealth’s common stock. This award is designed to reward Mr. Duke for his ongoing service with the company, with shares vesting over three years in increments of one-third, aligned with specific anniversaries of the vesting commencement date set for August 4, 2025.

Additionally, Mr. Duke has received a second restricted stock unit award, also encompassing 300,000 shares of the company’s common stock. This award is performance-based, determining eligibility to vest based on the accomplishment of company goals within a three-year timeframe, spanning from fiscal year 2025 to fiscal year 2027. Mr. Duke’s continued service with eHealth through the certification of goal achievements is a requirement for vesting. Both awards include provisions for potential acceleration upon specific employment terminations, ensuring Mr. Duke’s security in the face of unforeseen changes.

These inducement stock unit awards were granted as significant incentives for Mr. Duke, aiming to bind him to the organization and support its long-term objectives.

About eHealth, Inc.

With over 25 years of experience in the health insurance sector, eHealth, Inc. stands as a landmark in helping countless Americans find suitable healthcare coverage tailored to their needs, all while maintaining affordability. The company operates as an independent licensed insurance agency, linking consumers with over 180 health insurers, which includes both national and regional entities.

To further explore eHealth's offerings or to apply for open positions, prospective candidates are encouraged to visit the official website at ehealth.com. The company is also active on social media platforms like LinkedIn, Facebook, Instagram, and X, fostering an interactive community of stakeholders.

Media Contacts
Lara Sasken
Chief Communications Officer
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Kate Sidorovich, CFA
Senior Vice President, Investor Relations & Corporate Development
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This announcement signals a pivotal moment in eHealth's journey towards establishing a stronger leadership framework under Derrick Duke’s guidance, promising to enhance the company’s performance and market position in the rapidly evolving health insurance landscape.