Mynd.ai (MYND) CPO Lance Solomon reports 275,871 ADS and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Mynd.ai, Inc. Chief Product Officer Lance I. Solomon filed an initial ownership report showing direct holdings of 275,871 American Depository Shares (ADS). Each ADS represents ten ordinary shares of Mynd.ai, Inc. The position includes 175,779 ADS underlying unvested restricted stock units that vest in tranches from April 2026 through January 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Solomon Lance I.
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depository Shares ("ADS") | -- | -- | -- |
Holdings After Transaction:
American Depository Shares ("ADS") — 275,871 shares (Direct)
Footnotes (1)
- Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company"). Includes an aggregate of 175,779 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) 26,674 on April 10, 2026, (ii) 26,674 on July 10, 2026, (iii) 26,675 on October 10, 2026, (iv) 26,674 on January 10, 2027, (v) 17,270 on April 10, 2027, (vi) 17,271 on July 10, 2027, (vii) 17,270 on October 10, 2027 and (viii) 17,271 on January 10, 2028.
FAQ
What does the Mynd.ai (MYND) Form 3 filing by Lance I. Solomon show?
The Form 3 shows Chief Product Officer Lance I. Solomon directly holding 275,871 ADS of Mynd.ai, Inc.. This total includes both currently held ADS and unvested restricted stock units that are scheduled to settle in ADS over several future vesting dates.
How many Mynd.ai (MYND) ADS are tied to unvested RSUs in this Form 3?
The filing reports 175,779 ADS underlying unvested restricted stock units for Mynd.ai, Inc.. These RSUs will be settled in ADS as they vest across eight scheduled dates between April 10, 2026 and January 10, 2028.
What is the total ADS holding reported for Mynd.ai (MYND) executive Lance I. Solomon?
The Form 3 lists 275,871 ADS as the total direct holding for Lance I. Solomon. This figure covers all ADS reported in the filing, including those associated with unvested restricted stock units that will settle into ADS as they vest over time.
How are Mynd.ai (MYND) ADS defined in Lance I. Solomon’s Form 3?
The filing explains that each American Depository Share (ADS) represents ten ordinary shares of Mynd.ai, Inc.. This means the ADS holdings reflect bundled interests in the company’s ordinary shares, simplifying trading for investors in ADS form.
What is the vesting schedule for Mynd.ai (MYND) RSUs in this Form 3?
The unvested RSUs underlying 175,779 ADS vest in eight tranches: four dates in 2026, three in 2027, and one in 2028. Specific vesting dates include April 10, July 10, October 10, and January 10 in those years.
Does the Mynd.ai (MYND) Form 3 indicate any recent buy or sell transactions?
The Form 3 functions as an initial ownership report and lists holdings only. It does not show any explicit buy or sell transactions, instead establishing the baseline number of ADS and RSUs beneficially owned by the executive at the time of filing.