SmartRent Inc. has announced inducement awards for new employees Pankaj Bansi and Sangeeth Ponathil. Each has been granted time-based restricted stock units (RSUs) covering 232,558 shares of SmartRent's Class A common stock. The RSUs will vest at a rate of 25% annually on each anniversary of the award grant date, contingent upon continued employment. These awards are made under the SmartRent, Inc. 2025 Inducement Equity Incentive Plan.
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