Roadzen Inc. (RDZN) Form 8-K — Sep 16, 2026
Roadzen Inc. amended the restricted stock unit agreements of its three most senior executives effective September 14, 2026, delaying full vesting of approximately 7.0 million RSUs by one year. CEO Rohan Malhotra's 5,616,550 RSUs and COO Ankur Kamboj's 1,250,007 RSUs now vest on September 17, 2027 instead of September 17, 2026, while CFO Jean-Noël Gallardo's 115,000 RSUs moved from November 20, 2026 to November 20, 2027. The amendments function as retention devices: unvested RSUs are forfeited if an executive's continuous service ends before the vesting date, with acceleration only upon death, disability, termination without cause, or a change in control.
Key figures
- Amendment History
- Third amendment to RSU agreements (First: September 13, 2024; Second: July 23, 2025)
- Kamboj RSUs Amended
- 1250007
- Gallardo RSUs Amended
- 115000
- Malhotra RSUs Amended
- 5616550
- Warrant Exercise Price
- 11.5
- Vesting Change Gallardo
- November 20, 2026 moved to November 20, 2027
- Vesting Change Malhotra Kamboj
- September 17, 2026 moved to September 17, 2027
AI analysis
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