LOUISVILLE, CO, April 8, 2026 (GLOBE NEWSWIRE) — CEA Industries Inc. (NASDAQ: BNC) (“BNC” or the “Company”) today announced that its Board of Directors has approved the grant of restricted stock units (“RSUs”) to Brent Miller, the Company’s newly appointed Chief Financial Officer (effective March 9, 2026), in accordance with the CEA Industries Inc. 2026 Incentive Plan (the “Incentive Plan”). The RSUs were granted as an incentive for Mr. Miller to join the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
The Inducement Plan is used solely to grant stock awards to individuals who were not previously employees of BNC or who have completed training. bona fide period of non-employment, as a material inducement to employment with BNC, pursuant to Nasdaq Listing Rule 5635(c)(4).
The RSU award consisted of time-based RSUs for an aggregate of 363,636 shares of BNC common stock, with twenty-five percent (25%) vesting on the first (1st) anniversary of the grant date, and the remaining seventy-five percent (75%) vesting in equal quarterly installments through the fourth (4th) anniversary of the grant date. Vesting is conditioned on Mr. Miller’s continued employment with BNC from each vesting date. The RSUs are subject to the terms of the Inducement Plan and the terms of an RSU award agreement covering the grant.
About CEA Industries Inc.
CEA Industries Inc. (NASDAQ: BNC) is a growth-oriented company focused on building leading businesses in consumer markets, including building and managing the world’s largest corporate financials of BNB.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements that involve risks and uncertainties. BNC would like to caution readers that these forward-looking statements may be affected by the risks and uncertainties in BNC’s business, as well as other important factors that may have affected and may affect BNC’s actual results in the future and could cause BNC’s actual results for subsequent periods to differ materially from those expressed in any forward-looking statement made by or on behalf of BNC. In evaluating these forward-looking statements, readers should consider various risk factors, including BNC’s ability to keep pace with new technology and changing market needs; BNC’s ability to finance its current operations and proposed future operations, including the ability to finance the ongoing acquisition of BNB; the competitive environment of BNC’s operations; and the future value and adoption of BNB. Forward-looking statements are subject to numerous conditions and risks, many of which are beyond BNC’s control. In addition, these forward-looking statements and the information contained in this press release are qualified in their entirety by cautionary statements and risk factor disclosures contained in BNC’s filings with the SEC. Copies of BNC’s filings with the SEC are available on the SEC’s website at http://www.sec.gov. BNC undertakes no obligation to update these statements for revisions or changes after the date of this press release, except as required by law.
CEA Industries Media Questions:
Nobleman Smithfield
CEA@edelmansmithfield.com
CEA Industries Investor Relations:
james@haydenir.com
