MIND Technology grants 30,000 stock options

MIND Technology, Inc. director William Hunter Hilarides received a grant of options to purchase 30,000 shares of common stock at an exercise price of $4.77 per share.

Accepted by SEC EDGAR 07/31/2026 - 04:18 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

MIND Technology, Inc. director William Hunter Hilarides received a grant of options to purchase 30,000 shares of common stock at an exercise price of $4.77 per share. These options expire on July 29, 2036 and vest in three equal annual installments from July 29, 2027 through July 29, 2029.

Insider Trade Summary

Grant/Award: 30,000 shares

Grant/Award 1 txn

Insider Hilarides William Hunter

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Option to Purchase Common Stock F1	30,000	$4.77	$143K

Holdings After Transaction: Option to Purchase Common Stock — 30,000 contracts (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: 30,000 options Exercise price: $4.77 per share Underlying shares: 30,000 shares +3 more

6 metrics

Options granted 30,000 options Option to Purchase Common Stock granted to director on 2026-07-29

Exercise price $4.77 per share Conversion or exercise price of the stock options

Underlying shares 30,000 shares MII Common Stock underlying the option grant

Post-transaction options held 30,000 options Total derivative securities following the reported grant

Option expiration July 29, 2036 Expiration date of the granted stock options

Vesting dates 2027-07-29, 2028-07-29, 2029-07-29 Options vest 1/3 on each of the three stated dates

Key Terms

Option to Purchase Common Stock, vest, underlying security

3 terms

Option to Purchase Common Stock financial

"security_title: Option to Purchase Common Stock"

vest financial

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

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

underlying security financial

"underlying security title listed as MII Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MIND (MIND) report in this Form 4?

MIND Technology reported that director William Hunter Hilarides received a grant of stock options for 30,000 shares of common stock. The grant is a derivative security award, not an open-market purchase or sale of existing shares.

How many stock options were granted to the MIND (MIND) director and at what price?

The director was granted 30,000 stock options, each with an exercise price of $4.77 per share. These options are exercisable into MIND common stock, giving the right to buy shares at that fixed price if the options vest and are exercised.

What is the vesting schedule for the MIND (MIND) director’s new options?

The options vest in three equal tranches: 1/3 on July 29, 2027, 1/3 on July 29, 2028, and 1/3 on July 29, 2029. Vesting must occur before the director can exercise each portion of the grant.

When do the newly granted MIND (MIND) stock options expire?

The granted options have an expiration date of July 29, 2036. After this date, any unexercised options will lapse and can no longer be used to purchase MIND Technology common stock.

Is the MIND (MIND) Form 4 transaction a buy or sell of common stock?

The Form 4 reports an acquisition of derivative securities through a stock option grant, coded as a grant/award. It does not report any open-market purchase or sale of MIND Technology common stock.

What is the director’s reported holdings after this MIND (MIND) option grant?

After the transaction, the director is reported as holding 30,000 stock options directly. Each option is exercisable for one share of MIND common stock, subject to the stated vesting schedule and the 2036 expiration date.

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

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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^*

Hilarides William Hunter

(Last) (First) (Middle)

10710 OX CROFT CT

(Street)

FAIRFAX STATION VIRGINIA 22039

(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)

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

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		30,000		(1)	07/29/2036	MII Common Stock	30,000	$4.77	30,000	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 William H. Hilarides	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)