Business Wire·Apr 23, 2026, 4:00 PM ET

AEye Announces New VP of Operations and Quality and Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

AEye, Inc. granted inducement equity to newly appointed Vice President of Operations & Quality, Paul Berton, to secure his employment in accordance with Nasdaq Listing Rule 5635(c)(4).
The award consists of 125,000 restricted stock units (RSUs) subject to vesting conditions under the Company's 2025 Employment Inducement Incentive Award Plan.
Vesting terms include one-third of the RSUs vesting on May 15, 2027, with the remainder vesting quarterly over the subsequent eight calendar quarters contingent on continued employment.
Berton joins AEye from Lucid Motors, where he led manufacturing & engineering for low-voltage ECUs across more than 30 products, covering NPI, test, supply chain, & quality.
His prior leadership roles include positions at Apple, Intel, & Neato Robotics, & he holds an MBA from San Jose State & a BS in Computer Engineering.
In his new role, Berton will lead AEye's global operations & quality strategy, focusing on scaling manufacturing, strengthening supply chain execution, & enhancing quality systems for production.
AEye provides software-defined lidar solutions including Apollo™ (1km range), STRATOS™ (1.5km range), & the full-stack OPTIS™ platform for real-time 3D interpretation.