ESOPMay 8, 2026, 07:03 AM
Applied Optoelectronics Grants 299 Shares to 2 New Employees
AI Summary
Applied Optoelectronics, Inc. announced that its Compensation Committee granted inducement awards for 299 shares of common stock to two new employees on May 4, 2026. These awards were made under the company's 2023 Equity Inducement Plan, which is specifically designed for new hires as a material inducement to their employment. The awards are restricted stock units that will vest over a four-year period, contingent on the employees' continued service.
Key Highlights
- Applied Optoelectronics granted inducement awards for 299 shares of common stock.
- Awards were granted to 2 new employees.
- The grant date for the awards was May 4, 2026.
- Awards were made pursuant to the Applied Optoelectronics, Inc. 2023 Equity Inducement Plan.
- The inducement awards are comprised of restricted stock units.
- Restricted stock units vest over a four-year period, subject to continued service.
- The plan is used exclusively for new employees as an inducement to employment.
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