SmartRent Grants Inducement RSUs to New Executives Under Equity Incentive Plan

Reuters
Jan 29
SmartRent Grants Inducement RSUs to New Executives Under Equity Incentive Plan

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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