Genasys Inc. Sets 2026 CEO Pay at $490,000 with Up to $784,000 Bonus and 400,000 RSUs

Reuters
01/31
<a href="https://laohu8.com/S/GNSS">Genasys Inc.</a> Sets 2026 CEO Pay at $490,000 with Up to $784,000 Bonus and 400,000 RSUs

Genasys Inc. has approved new compensation terms for CEO Richard Danforth for the 2026 fiscal year. Danforth will receive a base salary of $490,000 and is eligible for a cash bonus target equal to 100% of his base salary, with a maximum potential payout of $784,000 based on performance objectives related to revenue, annual recurring revenue $(ARR)$, and debt repayment. Additionally, he has been granted 200,000 restricted stock units (RSUs) subject to time-based vesting and 200,000 RSUs subject to performance-based vesting under the company’s 2025 Equity Incentive Plan. The performance-based RSUs will only vest if all three specified performance objectives are met at required levels. In connection with these grants, previously awarded performance-based options to purchase 800,000 shares have been canceled.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genasys Inc- published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-031771), on January 30, 2026, and is solely responsible for the information contained therein.

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