Mind Technology, Inc. (MIND) CEO awarded 60,000 options grant

Rhea-AI Filing Summary

Mind Technology, Inc. President and CEO Robert P. Capps received a grant of options to purchase 60,000 shares of MII Common Stock at an exercise price of $4.77 per share on July 29, 2026. These options vest in three equal annual installments on July 29, 2027, 2028, and 2029 and expire on July 26, 2036, leaving him holding options on 60,000 shares under this award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CAPPS ROBERT P

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Option to Purchase Common Stock F1	60,000	$4.77	$286K

Holdings After Transaction: Option to Purchase Common Stock — 60,000 shares (Direct)

Footnotes (1)

1. F1. Options vest 1/3 on July 29, 2027, 1/3 on July 29, 2028 and 1/3 July 29, 2029.

Key Figures

Options granted: 60,000 shares Exercise price: $4.77 per share Expiration date: July 26, 2036 +1 more

4 metrics

Options granted 60,000 shares Options to purchase MII Common Stock granted to Robert P. Capps on 2026-07-29

Exercise price $4.77 per share Exercise price of options granted on 2026-07-29

Expiration date July 26, 2036 Expiration of the option to purchase MII Common Stock

Vesting schedule 1/3 on July 29, 2027; 1/3 on July 29, 2028; 1/3 on July 29, 2029 Footnote describing vesting of the 60,000 granted options

Key Terms

Option to Purchase Common Stock, exercise price, vesting, expiration date

4 terms

Option to Purchase Common Stock financial

"Security title reported as "Option to Purchase Common Stock"."

exercise price financial

"The options have an exercise price of $4.77 per share."

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

vesting financial

"Options vest 1/3 on July 29, 2027, 1/3 on July 29, 2028 and 1/3 July 29, 2029."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

expiration date financial

"The options expire on July 26, 2036."

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/31/2026 - 04:19 PM Accepted by SEC EDGAR 07/31/2026 - 04:19 PM Learn about SEC filing dates

FAQ

What transaction did MIND CEO Robert P. Capps report on Form 4?

Robert P. Capps reported receiving a grant of options on 60,000 shares of MII Common Stock at an exercise price of $4.77 per share, recorded as a derivative grant/award acquisition on July 29, 2026.

What is the exercise price of the options reported by MIND’s CEO?

The options granted to MIND’s CEO carry an exercise price of $4.77 per share. This means he can purchase up to 60,000 shares of MII Common Stock at $4.77, subject to vesting and before the options expire in 2036.

How do the 60,000 MIND stock options granted to Robert P. Capps vest?

The 60,000 options vest in three equal annual installments: one-third on July 29, 2027, one-third on July 29, 2028, and one-third on July 29, 2029, according to the footnote describing the vesting schedule.

When do Robert P. Capps’ newly granted MIND options expire?

The options granted to Robert P. Capps expire on July 26, 2036. He may exercise vested options at $4.77 per share any time before that expiration date, subject to the terms of the award.

How many MIND option shares does Robert P. Capps hold after this grant?

After this reported grant, Robert P. Capps holds options on 60,000 shares under this award. This figure comes from the reported total derivative securities beneficially owned following the transaction on the Form 4.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CAPPS ROBERT P

(Last) (First) (Middle)

2002 TIMBERLOCH PLACE, SUITE 400

(Street)

THE WOODLANDS TEXAS 77380

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MIND TECHNOLOGY, INC [ MIND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/29/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to Purchase Common Stock	$4.77	07/29/2026		A		60,000		(1)	07/26/2036	MII Common Stock	60,000	$4.77	60,000	D

Explanation of Responses:

1. Options vest 1/3 on July 29, 2027, 1/3 on July 29, 2028 and 1/3 July 29, 2029.

	/s/ Robert P. Capps, Attorney- in-Fact for Robert P. Capps	07/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)