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8-K//Current report

Genasys Inc. 8-K

Accession 0001193125-26-000921

$GNSSCIK 0000924383operating

Filed

Jan 1, 7:00 PM ET

Accepted

Jan 2, 4:05 PM ET

Size

142.3 KB

Accession

0001193125-26-000921

Research Summary

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Updated

Genasys Inc. Promotes Cassandra Hernandez‑Monteon to CFO; Salary & RSUs

What Happened
Genasys Inc. announced on its Form 8‑K that the Board promoted Cassandra Hernandez‑Monteon to Chief Financial Officer, Treasurer and Secretary effective December 24, 2025. Ms. Hernandez‑Monteon had served as interim CFO since July 1, 2025. The Board increased her base salary to $275,000 and approved a fiscal‑year 2026 bonus plan with payouts ranging from 0% to 100% of base salary tied to two financial measures and one operating performance measure. She was granted 70,000 restricted stock units (RSUs) under the Company’s 2025 Equity Incentive Plan on December 24, 2025.

Key Details

  • Promotion effective: December 24, 2025; interim CFO since July 1, 2025.
  • Base salary: increased to $275,000.
  • Bonus plan: FY2026 payouts 0%–100% of base salary based on two financial metrics and one operating performance metric.
  • Equity grant: 70,000 RSUs — 35,000 time‑based (vest in three equal annual increments) and 35,000 performance‑based (vest in three equal increments on achievement of specified targets); all subject to accelerated vesting upon a change of control.

Why It Matters
A permanent CFO appointment reduces executive uncertainty and provides clarity on financial leadership going forward. The mix of cash compensation, a performance‑tied bonus, and both time‑ and performance‑based RSUs aligns Hernandez‑Monteon’s incentives with the company’s financial and operational goals for FY2026. Investors should note the grant size and vesting terms (including accelerated vesting on change of control) as factors that affect executive alignment and potential future share dilution. The change was reported in an 8‑K filed January 2, 2026.