Management ChangeJul 10, 2026, 04:26 PM
Axon Appoints Vivek Mohindra and Eiso Kant to Board
AI Summary
Axon Enterprise, Inc. announced the appointment of Vivek Mohindra and Eiso Kant as independent directors to its Board of Directors, effective July 8, 2026. Mr. Mohindra will join the Audit and Compensation Committees, while Mr. Kant will serve as a non-voting observer on the Mergers & Acquisitions and Capital Structure Committee. Both directors will receive an initial restricted stock unit award valued at $260,000, annual restricted stock unit awards of $260,000, and annual cash compensation of $40,000, with Mr. Mohindra receiving additional retainers for his committee roles. Their initial terms will expire at the Company's 2027 annual meeting of stockholders.
Key Highlights
- Vivek Mohindra and Eiso Kant appointed to Axon's Board of Directors effective July 8, 2026.
- Mr. Mohindra will serve on the Audit Committee and Compensation Committee.
- Mr. Kant will serve as a non-voting observer of the M&A and Capital Structure Committee.
- Each new director receives an initial RSU award valued at $260,000, vesting over three years.
- Annual RSU awards for each director are valued at $260,000.
- Each director receives annual cash compensation of $40,000.
- Mr. Mohindra receives additional annual cash retainers of $10,000 for Audit and $7,500 for Compensation Committee service.
- Terms for both directors expire at the 2027 annual meeting of stockholders.
Price Impact
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