Form 4: CXApp Director Di-Ann Eisnor Granted 200,000 Restricted Stock Units as Annual Compensation

CXApp Inc. director Di-Ann Eisnor was granted 200,000 Restricted Stock Units as part of her annual compensation, vesting on the first anniversary of the grant date.

Summary

• Di-Ann Eisnor, a director of CXApp Inc. (CXAI), was granted 200,000 Restricted Stock Units (RSUs) on May 23, 2025.
• These RSUs are part of her annual compensation package for serving as a director of the Company.
• Each RSU represents a contingent right to receive one share of CXApp Inc. Class A common stock.
• The RSUs will vest in full on the first anniversary of the grant date, provided she continues to serve as a director through such date.
• Following this transaction, Di-Ann Eisnor directly beneficially owns 294,787 shares of Class A Common Stock and indirectly owns 64,120 shares through The Di-Ann Eisnor Revocable Trust.

Sentiment

Score: 7

Explanation: The document reports a routine equity grant to a director as part of their compensation, which is a positive for aligning management interests with shareholders. There are no negative financial implications or operational issues reported.

Positives

• The grant of 200,000 Restricted Stock Units aligns the director's interests with shareholder value, as the value of the compensation is tied to the company's stock performance.
• The vesting schedule encourages long-term commitment and retention of the director.

Risks

• The vesting of the 200,000 Restricted Stock Units is contingent upon the reporting person's continued service as a director through the first anniversary of the grant date.

Future Outlook

The 200,000 Restricted Stock Units granted to Director Di-Ann Eisnor are scheduled to vest in full on the first anniversary of the grant date, contingent upon her continued service as a director of CXApp Inc.

Management Comments

• "On May 23, 2025, the Reporting Person was granted 200,000 Restricted Stock Units ('RSUs') as part of the annual compensation package for serving as a director of the Company."
• "Each RSU represents a contingent right to receive one share of Class A common stock of CXApp Inc."
• "The RSUs will vest in full on the first anniversary of the grant date, provided that the Reporting Person continues to serve as a director of the Company through such date."

Industry Context

This filing reflects a standard practice in corporate governance where non-employee directors receive equity compensation, often in the form of Restricted Stock Units, to align their interests with long-term shareholder value. This is common across various industries, including technology and software, where CXApp Inc. likely operates.

Comparison to Industry Standards

• The grant of Restricted Stock Units (RSUs) as director compensation is a common practice across publicly traded companies, including those in the technology sector.
• The vesting schedule of one year is also a typical arrangement for annual director equity grants, aiming to retain directors and align their interests with the company's performance over a reasonable period.
• Without specific compensation benchmarks for CXApp's direct competitors (e.g., similar-sized companies in workplace experience or smart building software), it is difficult to assess if the 200,000 RSU grant is above, below, or in line with industry averages for director compensation.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns their interests with shareholders, as the value of the compensation is tied to the company's stock performance.

Next Steps

• The 200,000 Restricted Stock Units are expected to vest on the first anniversary of the grant date (May 23, 2026), contingent on continued service.

Key Dates

Keywords

CXApp Inc., CXAI, Form 4, SEC Filing, Restricted Stock Units, RSU, Director Compensation, Insider Ownership, Equity Grant, Stock Compensation