How are Mynd.ai (MYND) ADS related to the company’s ordinary shares?

Each Mynd.ai American Depository Share (ADS) represents ten ordinary shares of the company, each with a par value of $0.001. This fixed ratio links trading in ADSs to the underlying ordinary share capital structure.

Mynd.ai CRO discloses initial ADS holdings

Q: How many Mynd.ai (MYND) ADS are tied to Michael B. Strand’s unvested RSUs?

Michael B. Strand has 84,329 ADS underlying unvested restricted stock units. These RSUs are granted under the company’s equity incentive plan and will be settled in ADSs as they vest over the disclosed schedule.

Q: What is the vesting schedule for Michael B. Strand’s Mynd.ai (MYND) RSUs?

The 84,329 ADS underlying RSUs vest in eight installments: 10,541 ADS on April 10, July 10, and October 10 of 2026; January 10, April 10, July 10, and October 10 of 2027; and 10,542 ADS on January 10, 2028.

Q: Are Michael B. Strand’s Mynd.ai (MYND) RSUs settled in cash or shares?

Michael B. Strand’s restricted stock units are settled in American Depository Shares, not cash. As each tranche vests on its scheduled date, the corresponding number of ADS is delivered under the equity incentive plan.

Mynd.ai, Inc. executive Michael B. Strand, the Chief Revenue Officer, reports beneficial ownership of 139,623 American Depository Shares (ADS).

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Rhea-AI Filing Summary

Mynd.ai, Inc. executive Michael B. Strand, the Chief Revenue Officer, reports beneficial ownership of 139,623 American Depository Shares (ADS). This total includes 84,329 ADS underlying unvested restricted stock units that are scheduled to vest in eight equal installments from April 10, 2026 through January 10, 2028, all settled in ADSs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Strand Michael B.

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
holding	American Depository Shares ("ADS")	--	--	--

Holdings After Transaction: American Depository Shares ("ADS") — 139,623 shares (Direct)

Footnotes (2)

F1. Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company").
F2. Includes an aggregate of 84,329 ADS underlying unvested restricted stock units ("RSUs") granted under the Company's equity incentive plan that are settled in ADSs. Such unvested RSUs vest as follows: (i) 10,541 on April 10, 2026, (ii) 10,541 on July 10, 2026, (iii) 10,541 on October 10, 2026, (iv) 10,541 on January 10, 2027, (v) 10,541 on April 10, 2027, (vi) 10,541 on July 10, 2027, (vii) 10,541 on October 10, 2027 and (viii) 10,542 on January 10, 2028.

FAQ

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

What insider position does Mynd.ai (MYND) report for Michael B. Strand?

Michael B. Strand, Chief Revenue Officer, reports beneficial ownership of 139,623 ADS of Mynd.ai, Inc. This figure includes both currently held shares and ADS underlying unvested RSUs that will settle in ADS over time.

How many Mynd.ai (MYND) ADS are tied to Michael B. Strand’s unvested RSUs?

Michael B. Strand has 84,329 ADS underlying unvested restricted stock units. These RSUs are granted under the company’s equity incentive plan and will be settled in ADSs as they vest over the disclosed schedule.

What is the vesting schedule for Michael B. Strand’s Mynd.ai (MYND) RSUs?

The 84,329 ADS underlying RSUs vest in eight installments: 10,541 ADS on April 10, July 10, and October 10 of 2026; January 10, April 10, July 10, and October 10 of 2027; and 10,542 ADS on January 10, 2028.

Are Michael B. Strand’s Mynd.ai (MYND) RSUs settled in cash or shares?

Michael B. Strand’s restricted stock units are settled in American Depository Shares, not cash. As each tranche vests on its scheduled date, the corresponding number of ADS is delivered under the equity incentive plan.

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

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Accepted by SEC EDGAR 03/18/2026 - 08:43 AM EDT

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Strand Michael B.

(Last)

(First)

(Middle)

4550 NORTH POINT PARKWAY, SUITE 370

C/O MYND.AI, INC.

(Street)

ALPHARETTA

GEORGIA

30022

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Mynd.ai, Inc. [ MYND ]

3a. Foreign Trading Symbol

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
American Depository Shares ("ADS")⁽¹⁾	139,623⁽²⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company").

2. Includes an aggregate of 84,329 ADS underlying unvested restricted stock units ("RSUs") granted under the Company's equity incentive plan that are settled in ADSs. Such unvested RSUs vest as follows: (i) 10,541 on April 10, 2026, (ii) 10,541 on July 10, 2026, (iii) 10,541 on October 10, 2026, (iv) 10,541 on January 10, 2027, (v) 10,541 on April 10, 2027, (vi) 10,541 on July 10, 2027, (vii) 10,541 on October 10, 2027 and (viii) 10,542 on January 10, 2028.

Remarks:

	/s/ Michael B. Strand	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR