Knightscope Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Knightscope (KSCP) approved stock options covering 789,444 Class A shares for newly hired employees on September 30, 2026.

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SUNNYVALE, Calif.--(BUSINESS WIRE)-- Knightscope, Inc. (NASDAQ: KSCP), the security technology company building the nation's first Autonomous Security Force, today announced that on September 30, 2026, the Compensation Committee of the Company's Board of Directors approved the grant of non-qualified stock options to purchase an aggregate of 789,444 shares of the Company's Class A common stock to 107 newly hired employees. The options were granted under the Knightscope, Inc. 2025 Inducement Plan as an inducement material to each employee entering employment with the Company, in accordance with Nasdaq Listing Rule 5635(c)(4).

Each option has an exercise price equal to the closing price of the Company's Class A common stock on the Nasdaq Capital Market on September 30, 2026, the grant date. The options vest over four years, with 25% of the shares vesting on the first anniversary of the grant date and the remaining 75% vesting in equal monthly installments over the following 36 months, subject to the employee's continued employment with the Company through each vesting date. The options are subject to the terms and conditions of the 2025 Inducement Plan and a stock option award agreement covering each grant.

About Knightscope

Knightscope is a security technology company building the nation's first Autonomous Security Force. As a managed service provider, the Company delivers autonomous machines, AI-driven software, and licensed security agents as one accountable operation, under one contract, to help protect people, property, and critical infrastructure. Knightscope's long-term mission is to make the United States of America the safest country in the world. Learn more at www.knightscope.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's goals, growth, prospects, product roadmap, and outlook, including expectations regarding the vesting of the inducement awards described above, and future financial performance. Actual results may differ materially due to the risks and uncertainties described under "Risk Factors" in the Company's most recent Annual Report on Form 10-K, as updated by its other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and the Company undertakes no obligation to update them except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261001591749/en/

Public Relations
pr@knightscope.com
Knightscope, Inc.
(650) 924-1025 ext. 6

Source: Knightscope, Inc.

Key Terms

non-qualified stock options financial

Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.

nasdaq listing rule 5635(c)(4) regulatory

NASDAQ Listing Rule 5635(c)(4) is a rule that requires a company to get approval from its shareholders before selling a large amount of its shares, usually over 20%. This helps protect investors by making sure the company doesn't flood the market with new shares without their say, which could lower the stock's value.