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Cyngn | 4: Statement of changes in beneficial ownership of securities-Director Macleod Karen M

SEC ·  May 4 06:02

Summary by Futu AI

Karen M. Macleod, associated with Cyngn Inc. [CYN], was granted 72,000 shares of common stock on May 1, 2024. The transaction was completed at no cost to the recipient, indicating the shares were likely awarded as part of a compensation package or incentive plan. Following this transaction, Macleod's direct holdings in Cyngn common stock increased to a total of 190,772 shares. The grant is part of the company's ongoing strategy to align the interests of its key personnel with those of shareholders.
Karen M. Macleod, associated with Cyngn Inc. [CYN], was granted 72,000 shares of common stock on May 1, 2024. The transaction was completed at no cost to the recipient, indicating the shares were likely awarded as part of a compensation package or incentive plan. Following this transaction, Macleod's direct holdings in Cyngn common stock increased to a total of 190,772 shares. The grant is part of the company's ongoing strategy to align the interests of its key personnel with those of shareholders.

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