Richtech Robotics Sets $60,000 Pay and Stock Awards for Independent Directors
Richtech Robotics Inc. has announced updated compensation terms for its independent directors. For the fiscal year ending September 30, 2026, each independent director will receive a cash payment of $60,000 and a grant of 24,000 restricted stock awards, which will vest quarterly starting November 17, 2025. Additionally, the chair of the audit committee will receive an extra $10,000, and each member of the compensation committee will receive an additional $5,000 in cash payments. Similar cash compensation, excluding stock awards, was approved for the fiscal year ended September 30, 2025.
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