Summary by Futu AI
On June 7, 2024, Ali Mohamad, associated with iRobot Corporation, was granted 20,986 shares of common stock at no cost. Following this transaction, Mohamad's direct holdings in the company increased to a total of 45,033 shares. The grant, which is part of the company's stock-based compensation plan, reflects iRobot's practice of awarding equity to align the interests of its employees with those of shareholders. The transaction was completed successfully and is part of the company's broader strategy to incentivize and retain key personnel.