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Cyngn | 4: Statement of changes in beneficial ownership of securities-Director McDonnell James

SEC announcement ·  May 4 06:02
Summary by Futu AI
James McDonnell, associated with Cyngn Inc. [CYN], was granted 72,000 shares of common stock on May 1, 2024. The transaction, which was completed on the same date, was executed at no cost to the recipient. Following this grant, McDonnell's direct holdings in Cyngn common stock increased to a total of 189,522 shares. The grant is part of the company's compensation or incentive strategy, aimed at aligning the interests of its executives with those of shareholders.
James McDonnell, associated with Cyngn Inc. [CYN], was granted 72,000 shares of common stock on May 1, 2024. The transaction, which was completed on the same date, was executed at no cost to the recipient. Following this grant, McDonnell's direct holdings in Cyngn common stock increased to a total of 189,522 shares. The grant is part of the company's compensation or incentive strategy, aimed at aligning the interests of its executives with those of shareholders.
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