iRobot Corporation, known for its robotic vacuum cleaners, has filed a Registration Statement on Form S-8 with the Securities and Exchange Commission on May 28, 2024. The filing is to register an additional 900,000 shares of common stock that may be issued under the company's 2018 Stock Option and Incentive Plan, following an amendment that increased the number of shares available for issuance. This move comes as part of iRobot's strategy to incentivize and retain talent, particularly highlighting inducement awards for Gary S. Cohen, the CEO, which include performance-based and time-based restricted stock units. The inducement awards, totaling 725,000 shares, are being offered outside of the 2018 Plan and are intended as a material incentive for employment with iRobot. The company has also incorporated by reference its previous filings, including its Annual Report on Form 10-K for the year ended December 30, 2023. The Registration Statement includes undertakings by iRobot to amend the statement as necessary and confirms the indemnification of directors and officers as permitted by Delaware law.

iRobot Corporation, known for its robotic vacuum cleaners, has filed a Registration Statement on Form S-8 with the Securities and Exchange Commission on May 28, 2024. The filing is to register an additional 900,000 shares of common stock that may be issued under the company's 2018 Stock Option and Incentive Plan, following an amendment that increased the number of shares available for issuance. This move comes as part of iRobot's strategy to incentivize and retain talent, particularly highlighting inducement awards for Gary S. Cohen, the CEO, which include performance-based and time-based restricted stock units. The inducement awards, totaling 725,000 shares, are being offered outside of the 2018 Plan and are intended as a material incentive for employment with iRobot. The company has also incorporated by reference its previous filings, including its Annual Report on Form 10-K for the year ended December 30, 2023. The Registration Statement includes undertakings by iRobot to amend the statement as necessary and confirms the indemnification of directors and officers as permitted by Delaware law.