Ofri Amir, the Chief Operating Officer of Xtend AI Robotics, Inc., has been granted 160,000 restricted stock units as part of his compensation package. This grant, reported in a recent SEC filing, is designed to align Amir's interests with those of the company's shareholders and incentivize his continued leadership.
The filing indicates that these restricted stock units were awarded under the Issuer's 2026 Equity Incentive Plan. Each unit represents a contingent right to receive one share of common stock, which vests over a period of thirty-six months in equal installments, beginning on September 3, 2026. This vesting schedule is contingent upon Amir's ongoing service with the company.
Background
Xtend AI Robotics, Inc. operates in the guided missiles and space vehicles industry, classified under the SIC code 3760. The company is incorporated in Delaware and is headquartered in Tampa, Florida. The recent filing, dated October 19, 2026, is part of a series of disclosures that highlight the company's governance and executive compensation practices.
What the Filing Says
"This security represents restricted stock units granted under the Issuer's 2026 Equity Incentive Plan as an initial grant to the Reporting Person in connection with his appointment as the Issuer's Chief Operating Officer."
The filing further explains that the stock units will vest in installments, encouraging Amir to remain with the company over the vesting period.
Impact
This grant may influence various stakeholders, including shareholders, employees, and competitors within the guided missiles and space vehicles industry. By providing significant equity incentives to its executives, Xtend AI Robotics aims to strengthen its leadership team and enhance operational performance.
What's Next
The filing does not say what happens next.