CYNGN sets USD 250,000 annual cash pay for independent directors

Reuters03-17

CYNGN sets USD 250,000 annual cash pay for independent directors

Cyngn’s board approved an all-cash compensation structure for independent, non-employee directors, effective in the first quarter of 2026. Each independent director will receive annual cash compensation of USD 250,000, paid in quarterly installments of USD 62,500. The board also approved one-time cash payments of USD 200,000 each to Karen Macleod and James McDonnell in lieu of fiscal 2025 equity awards. The compensation committee approved a fiscal 2025 cash bonus for CEO Lior Tal totaling USD 1.64 million, comprising a USD 640,000 regular bonus and a USD 1 million special bonus.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CYNGN Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-028325), on March 16, 2026, and is solely responsible for the information contained therein.

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