At what reference price per share was Michael B. Strand’s Mynd.ai (MYND) award reported?

The 923,685 American Depositary Shares awarded to Michael B. Strand were reported at $0.38 per ADS. This price is used for Form 4 reporting and does not necessarily indicate a transaction on the open market, as the award is a compensation grant of restricted stock units.

What does each Mynd.ai (MYND) American Depositary Share represent in ordinary shares?

Each Mynd.ai American Depositary Share represents ten ordinary shares with a par value of $0.001 per share. This ratio means the 923,685 ADS granted to Michael B. Strand correspond to a larger number of underlying ordinary shares under the company’s capital structure.

Mynd.ai (MYND) CRO receives 923,685 ADS restricted stock unit grant

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Strand Michael B. reported acquisition or exercise transactions in this Form 4 filing.

Mynd.ai, Inc. reported that Chief Revenue Officer Michael B. Strand received a grant of 923,685 American Depositary Shares (ADS) as equity compensation. The award was valued at $0.38 per ADS for reporting purposes and is structured as restricted stock units that settle in ADSs.

Each ADS represents ten ordinary shares of Mynd.ai, Inc. Following this grant, Strand directly holds 1,059,092 ADS. The RSUs vest in scheduled tranches from January 10, 2027 through January 10, 2029, aligning his compensation with the company’s longer-term performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Strand Michael B.

Role Chief Revenue Officer

Type	Security	Shares	Price	Value
Grant/Award	American Depository Shares ("ADS")	923,685	$0.38	$351K

Holdings After Transaction: American Depository Shares ("ADS") — 1,059,092 shares (Direct, null)

Footnotes (1)

Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company"). Represents 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) 307,864 on January 10, 2027, (ii) 76,977 on April 10, 2027, (iii) 76,978 on July 10, 2027, (iv) 76,978 on October 10, 2027, (v) 76,977 on January 10, 2028, (vi) 76,978 on April 10, 2028, (vii) 76,977 on July 10, 2028, (viii) 76,978 on October 10, 2028 and (ix) 76,978 on January 10, 2029.

Key Figures

ADS granted: 923,685 ADS Reporting price per ADS: $0.38 per ADS Total ADS held after grant: 1,059,092 ADS +3 more

6 metrics

ADS granted 923,685 ADS Restricted stock unit grant to CRO on July 2, 2026

Reporting price per ADS $0.38 per ADS Reference price used for the RSU award

Total ADS held after grant 1,059,092 ADS Direct holdings of Michael B. Strand following the transaction

ADS-to-ordinary share ratio 1 ADS = 10 ordinary shares Capital structure for Mynd.ai’s ADS program

First vesting tranche 307,864 ADS Vests on January 10, 2027 under RSU schedule

Final vesting date January 10, 2029 Last RSU tranche under this award vests on this date

Key Terms

American Depository Shares ("ADS"), restricted stock units ("RSUs"), equity incentive plan, grant, award, or other acquisition

4 terms

American Depository Shares ("ADS") financial

"Each ADS represents ten (10) ordinary shares, par value $0.001 per share"

restricted stock units ("RSUs") financial

"Represents ADS underlying unvested restricted stock units ("RSUs") granted"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

equity incentive plan financial

"RSUs granted under the Company's equity incentive plan that are settled in ADSs"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

grant, award, or other acquisition financial

"Transaction code description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/07/2026 - 05:06 PM Accepted by SEC EDGAR 07/07/2026 - 05:06 PM

FAQ

What did Mynd.ai (MYND) disclose about Michael B. Strand’s recent equity award?

Mynd.ai disclosed that Chief Revenue Officer Michael B. Strand received a grant of 923,685 American Depositary Shares (ADS) as restricted stock units. The grant is part of the company’s equity incentive plan and is reported at $0.38 per ADS for Form 4 disclosure.

How many Mynd.ai (MYND) ADS does Michael B. Strand hold after this Form 4 transaction?

After the reported equity award, Michael B. Strand directly holds 1,059,092 American Depositary Shares of Mynd.ai. This total includes the newly granted 923,685 ADS in the form of restricted stock units that will vest over several years under the company’s equity plan.

What type of transaction is reported in Mynd.ai (MYND) executive Michael B. Strand’s Form 4?

The Form 4 reports an acquisition coded “A,” reflecting a grant or award of shares rather than an open-market purchase. Strand received 923,685 ADS as restricted stock units granted under Mynd.ai’s equity incentive plan, settled in ADSs over a defined vesting schedule.

How and when do Michael B. Strand’s Mynd.ai (MYND) restricted stock units vest?

Strand’s restricted stock units vest in multiple tranches between January 10, 2027 and January 10, 2029. Specific vesting dates and amounts are disclosed, with several installments each year, linking the ultimate delivery of ADSs to his continued service over this period.

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^*

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
American Depository Shares ("ADS")⁽¹⁾	07/02/2026		A		923,685⁽²⁾	A	$0.38	1,059,092	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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

2. Represents 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) 307,864 on January 10, 2027, (ii) 76,977 on April 10, 2027, (iii) 76,978 on July 10, 2027, (iv) 76,978 on October 10, 2027, (v) 76,977 on January 10, 2028, (vi) 76,978 on April 10, 2028, (vii) 76,977 on July 10, 2028, (viii) 76,978 on October 10, 2028 and (ix) 76,978 on January 10, 2029.

Remarks:

	/s/ Allyson G. Krause, Attorney-in-Fact	07/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR