Mor Swiel, Chief Legal Counsel of Xtend AI Robotics, Inc. (NYSE:XTND), filed a Form 4 on October 27, 2026, disclosing the acquisition of restricted stock units and performance restricted stock units granted on October 23, 2026, in connection with an amendment to his employment agreement.

Key Highlights

  • Total grant size: Mor Swiel received a total grant of 570,000 RSUs under the issuer's 2026 Equity Incentive Plan, according to the filing.
  • First tranche acquired: 190,000 RSUs were reported as acquired on October 23, 2026, at a price of $0, with no key performance indicator requirements attached.
  • Performance-based tranches: Two additional tranches of 190,000 PRSUs each (totaling 380,000 PRSUs) are conditioned on the achievement of key performance indicators.
  • Vesting schedule: All tranches vest over 36 months in 36 equal monthly installments commencing September 3, 2026, subject to continued service.
  • PRSU conditions: The second tranche requires KPI achievement on or prior to March 1, 2027; the third tranche requires KPI achievement on or prior to September 1, 2027.
  • Post-transaction holdings: Following the reported transactions, Swiel directly holds 824,484 shares of common stock and 380,000 derivative securities (PRSUs).

Mor Swiel's RSU and PRSU Awards Under Xtend AI Robotics 2026 Equity Incentive Plan

According to the Form 4 filed on October 27, 2026, Mor Swiel, who serves as Chief Legal Counsel of Xtend AI Robotics, Inc. (NYSE:XTND), acquired equity awards on October 23, 2026, under the company's 2026 Equity Incentive Plan. The filing states the awards were granted in connection with an amendment to Swiel's employment agreement with the issuer. Each RSU and each PRSU represents, per the filing, "a contingent right to receive one share of common stock of the Issuer."

The filing describes the total grant as comprising three equal tranches of 190,000 units each, for a combined 570,000 units. The first tranche, reported in Table I as 190,000 RSUs acquired at $0, carries no key performance indicator requirements and vests over 36 months in 36 equal monthly installments beginning September 3, 2026, subject to Swiel's continued service. The remaining two tranches, totaling 380,000 PRSUs and reported in Table II, are conditioned on the achievement of key performance indicators. The filing specifies that the second tranche requires KPI achievement on or prior to March 1, 2027, and the third tranche requires KPI achievement on or prior to September 1, 2027, with both tranches also subject to continued service and following the same 36-month monthly vesting schedule commencing September 3, 2026.

Following the reported transactions, the filing indicates Swiel directly holds 824,484 shares of common stock beneficially owned and 380,000 derivative securities (PRSUs) directly owned. The Form 4 was signed by Aviv Shapira as attorney-in-fact for Mor Swiel and dated October 27, 2026.

What Was Disclosed

Xtend AI Robotics Chief Legal Counsel Mor Swiel reported the acquisition of a total 570,000 RSU and PRSU award on October 23, 2026, granted under the 2026 Equity Incentive Plan. The two performance-based tranches are contingent on KPI achievement by specified deadlines in 2027.