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Richtech Robotics (NASDAQ: RR) lines up new stock buyback, limits set

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Richtech Robotics Inc. (RR) reported two board actions effective August 21, 2026. The compensation committee approved a healthcare cash stipend of $750 per bi-weekly paycheck for each of the Chief Executive Officer, Chief Financial Officer and Chief Operating Officer, described as approximately $19,500 annually per executive. On the same date, the board authorized a stock repurchase program for up to $12 million of the company’s Class B common stock, to be completed on or before August 21, 2027.

The repurchases are to be conducted under a Rule 10b5-1 trading plan and are subject to the plan’s terms and market conditions. The program does not obligate Richtech Robotics to repurchase any specific number of shares and may be modified, suspended, or terminated by the board at any time without prior notice.

Positive

  • The board authorized a $12 million stock repurchase program for Class B common stock, in effect until August 21, 2027, which can reduce share count and reflects board approval of returning capital.
  • Senior executives will receive a defined healthcare cash stipend of $750 per bi-weekly paycheck (about $19,500 annually each), clarifying part of their compensation structure.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Healthcare cash stipend per paycheck $750 per bi-weekly paycheck For each of the CEO, CFO and COO
Annual healthcare stipend per executive approximately $19,500 annually Derived figure cited for each of the three executives
Stock repurchase authorization $12 million Maximum aggregate amount of Class B common stock to be repurchased
Repurchase program term end date August 21, 2027 Date on or before which repurchases may be made
Trading plan rule Rule 10b5-1 Rule under which the stock repurchase trading plan is established
Stock Repurchase Program financial
"the Board authorized the Company to repurchase up to $12 million... (the “Stock Repurchase Program”)"
A stock repurchase program is when a company buys back its own shares from the market. This can make each remaining share more valuable and shows that the company believes its stock is a good investment. It’s like a business treating its shares like a limited resource, hoping to boost confidence and share prices.
Rule 10b5-1 trading plan regulatory
"stock repurchase program to purchase up to $12 million... pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
forward-looking statements regulatory
"Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

What stock repurchase program did Richtech Robotics (RR) approve?
Richtech Robotics’ board authorized a stock repurchase program to buy up to $12 million of its Class B common stock, to be carried out under a Rule 10b5-1 trading plan and to be completed on or before August 21, 2027.

Is Richtech Robotics obligated to repurchase the full $12 million of shares?
No. The company states that the stock repurchase program does not obligate it to repurchase any specific number of shares and that the board may modify, suspend, or terminate the program at any time without prior notice.

How will the stock repurchases by Richtech Robotics (RR) be executed?
Richtech Robotics indicates that repurchases will occur under a Rule 10b5-1 trading plan, subject to the plan’s terms and market conditions. This structure allows trades to be made according to pre-set instructions rather than discretionary timing.

What new healthcare stipend are Richtech Robotics executives receiving?
The compensation committee approved a $750 healthcare cash stipend per bi-weekly paycheck for each of the Chief Executive Officer, Chief Financial Officer and Chief Operating Officer, described as an aggregate of approximately $19,500 annually per executive.

When does Richtech Robotics’ stock repurchase authorization expire?
The authorization to repurchase up to $12 million of Class B common stock is effective as of August 21, 2026 and runs through on or before August 21, 2027, after which the program would end unless reauthorized.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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): August 21, 2026

 

Richtech Robotics Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-41866   88-2870106
(State or other jurisdiction
of incorporation)		   (Commission File Number)   (IRS Employer
Identification No.)

 

2975 Lincoln Rd,

Las Vegas, NV 89115

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (866) 236-3835

 

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:

 

☐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   Trading Symbol(s)   Name of each exchange on which registered
Class B Common Stock, par value $0.0001 per share   RR   The Nasdaq Stock Market LLC

 

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 Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 21, 2026, the compensation committee of the board of directors (the “Board”) of Richtech Robotics Inc. (the “Company”) approved the payment to each of the Chief Executive Officer, the Chief Financial Officer and the Chief Operating Officer of the Company of a healthcare cash stipend of $750 per bi-weekly paycheck, or an aggregate of approximately $19,500 annually.

 

Item 8.01. Other Events.

 

Effective as of August 21, 2026, the Board authorized the Company to repurchase up to $12 million of shares of the Company’s Class B common stock, par value $0.0001 per share, on or before August 21, 2027 (the “Stock Repurchase Program”).

 

On August 21, 2026, the Company issued a press release announcing the Stock Repurchase Program, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit   Description
99.1   Press Release, dated August 25, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL documents)

 

1

 

SIGNATURE

 

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.

 

  Richtech Robotics Inc.
     
  By: /s/ Zhenwu (Wayne) Huang
    Name: Zhenwu (Wayne) Huang
    Title: Chief Executive Officer and Director
     
Dated: August 25, 2026    

 

2

 

Exhibit 99.1

 

 

 

Richtech Robotics Announces Stock Repurchase Program

 

LAS VEGAS, August 25, 2026 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or “the Company”), a Nevada-based provider of AI-driven service robots, announces that its board of directors has approved a stock repurchase program to purchase up to $12 million of the Company’s Class B common stock, pursuant to a Rule 10b5-1 trading plan under the Securities Exchange Act of 1934, as amended, subject to terms and conditions of the plan and market conditions. The stock repurchase program does not obligate the Company to repurchase any specific number of shares and it may be modified, suspended or terminated at any time by the board of directors without prior notice.

 

About Richtech Robotics

 

Richtech Robotics develops advanced robotic solutions and the data infrastructure that makes its robots more intelligent. Guided by three strategic pillars — Industrial, Commercial, and Data Services — Richtech Robotics aims to deliver dependable automation, consistent service performance, and continuous AI-driven improvement at scale. From factory floors to hospitality venues, our robots work alongside people to enhance efficiency, precision, and quality. Learn more at www.RichtechRobotics.com, and connect with us on X, LinkedIn and YouTube.

 

Forward Looking Statements

 

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.

 

These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the Securities and Exchange Commission (the “SEC”) on August 7, 2026, and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

 

Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

 

Contacts:

 

Investors:

CORE IR

investors@richtechrobotics.com

 

Media:

Kelsey Romero

press@richtechrobotics.com

 

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Press Releases

Other Documents