other material
confidence high
sentiment neutral
materiality 0.50
Exyn Technologies adopts director compensation program, raises CEO salary to $482K, grants options
Exyn Technologies, Inc.
- CEO Brandon Torres Declet base salary increased to $482,000; target annual bonus set at 75% of base ($362,000).
- CEO granted option to purchase 109,000 shares, vesting monthly over 4 years with 1-year cliff.
- Non-employee directors receive $40K annual cash retainer, $20K additional for Lead Independent Director, plus committee retainers ($4K-$15K).
- Annual equity grant per director: 0.075% of market cap (approx 11,600 options, max $200K value); initial grant for new directors 2x annual (max $400K).
- Four non-employee directors each granted option for 23,200 shares upon program adoption.