Xtend AI Robotics grants 200,000-share stock award
The award’s monthly vesting is conditional on continued service through each applicable vesting date.
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Rhea-AI Filing Summary
Xtend AI Robotics, Inc. (XTND) Executive Vice President of Construction Operations Joseph Frank Basile III received a grant of 200,000 restricted stock units (RSUs) on October 23, 2026, under the company's 2026 Equity Incentive Plan. Each RSU represents a contingent right to receive one common share. The award vests in 36 equal monthly installments over 36 months beginning September 3, 2026, subject to continued service through each vesting date. Basile's reported direct holdings following the grant were 1,061,800 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 200,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") granted under the Issuer's 2026 Equity Incentive Plan to the Reporting Person. Each RSU represents a contingent right to receive one share of common stock of the Issuer.
- F2. This RSU grant vests over a period of 36 months in 36 equal monthly installments commencing on September 3, 2026, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
vesting financial
contingent right financial
FAQ
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