Xtend AI Robotics grants director 141,509 stock units
The units vest in equal annual installments over three years beginning September 3, 2026, subject to continued service with the issuer.
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Rhea-AI Filing Summary
Xtend AI Robotics, Inc. director Simha Erez received an initial one-time grant of 141,509 restricted stock units on October 15, 2026, in connection with his appointment to the board. Each unit represents a contingent right to receive one common share. The units vest in equal annual installments over three years beginning September 3, 2026, subject to his continued service with the issuer.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK F1, F2 | 141,509 | $0.00 | $0.00 |
Footnotes (2)
- F1. This security represents restricted stock units granted under the Issuer's 2026 Equity Incentive Plan as an initial one-time grant to the Reporting Person in connection with his appointment to the Issuer's Board of Directors. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- F2. This restricted stock unit grant vests in equal annual installments over a period of three years beginning 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
contingent right financial
2026 Equity Incentive Plan financial
FAQ
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How many restricted stock units did XTND director Simha Erez receive?
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