Business Wire·Oct 6, 2025, 4:05 PM ET

AEye Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

AEye, Inc. granted inducement equity to newly appointed Vice President of Software and Systems Engineering, Andreas Dellantonio.
The Compensation Committee approved the grant as a material inducement for employment under Nasdaq Listing Rule 5635(c)(4).
Dellantonio received 100,000 restricted stock units (RSUs) subject to the 2025 Employment Inducement Incentive Award Plan.
One-third of the RSUs are scheduled to vest on November 15, 2026.
The remaining RSUs will vest quarterly over the subsequent eight calendar quarters, contingent on continued employment.
AEye offers software-defined lidar solutions including its flagship Apollo sensor, which detects objects up to one kilometer.
The company also provides the OPTIS™ platform, a full-stack solution that captures 3D images, interprets data, and provides real-time action directions.