See every side of every news story
Published loading...Updated

iRobot Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)

  • IRobot Corp. Has granted an equity award to Kevin Lanouette as a material inducement for his position as Senior Vice President and General Counsel effective January 17, 2025.
  • The employment inducement award consists of 120,000 time-based restricted stock units that will vest over three years.
  • The award was approved by iRobot's Board of Directors according to Rule 5635 of The NASDAQ Stock Market LLC.
  • IRobot is a global enterprise that has sold more than 50 million robots worldwide since introducing the first Roomba in 2002.
Insights by Ground AI
Does this summary seem wrong?

43 Articles

All
Left
1
Center
13
Right
5
The Berkshire EagleThe Berkshire Eagle
+40 Reposted by 40 other sources
Center

iRobot Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)

BEDFORD, Mass., March 21, 2025 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced that it granted an equity award as a material inducement to the employment of the company's newly-hired Senior Vice President and General…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 68% of the sources are Center
68% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Endpoints News broke the news in on Friday, March 21, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.