Richtech Robotics Grants Severance, Bonus, and Stock to Departing President Matthew Casella
Richtech Robotics Inc. has announced a separation agreement with former President Matthew Casella, effective December 2, 2025. Casella will receive a severance payment of $32,019.23, a $35,000 performance bonus, and 60,000 restricted Class B shares. He will also serve as a consultant for a year, receiving 50,000 restricted shares in quarterly installments. The agreement includes a mutual release of claims and waives non-competition restrictions.
Richtech Robotics Inc. has announced a new separation agreement with its former President, Matthew Casella, following his resignation effective December 2, 2025. Under the terms of the agreement, Mr. Casella will receive a severance payment of $32,019.23 for earned personal time off and accrued unpaid salary, a performance bonus of $35,000, and 60,000 restricted shares of Class B common stock. Additionally, Casella will serve as a consultant to the company for twelve months, for which he will be granted 50,000 restricted shares of Class B common stock, to be issued in four equal quarterly installments through December 2026. The agreement also includes a mutual release of claims and waives any non-competition restrictions previously in place. 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. Richtech Robotics 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: 0001213900-25-118715), on December 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
