leadership
confidence high
sentiment neutral
materiality 0.40
SenesTech grants inducement equity to new CEO Fruendt (RSUs + 71,500 options) and two other hires
SenesTech, Inc.
- CEO Joel Fruendt receives 18,799 RSUs (quarterly vest over 12 months) and options for 71,500 shares.
- CTO Dan Palasky gets options for 26,500 shares; VP Alice Myton gets options for 1,000 shares.
- Options exercise price $2.66, vest monthly over three years, five-year term.
- Grants approved as inducements material to employment under Nasdaq Listing Rule 5635(c)(4).