Mynd.ai (MYND) director receives 394,737 ADS grant with RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Getz Joel A. reported acquisition or exercise transactions in this Form 4 filing.
Mynd.ai, Inc. director Joel A. Getz reported receiving a grant of 394,737 American Depository Shares (ADS) at $0.3800 per ADS. The award represents unvested restricted stock units granted under the company’s equity incentive plan and settled in ADSs. Following this grant, Getz holds 539,088 ADS directly. The unvested RSUs underlying these ADSs are scheduled to vest in multiple tranches from January 10, 2027 through January 10, 2029, with specific installment amounts on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Getz Joel A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | American Depository Shares ("ADS") | 394,737 | $0.38 | $150K |
Holdings After Transaction:
American Depository Shares ("ADS") — 539,088 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) 131,565 on January 10, 2027, (ii) 32,897 on April 10, 2027, (iii) 32,896 on July 10, 2027, (iv) 32,897 on October 10, 2027, (v) 32,896 on January 10, 2028, (vi) 32,896 on April 10, 2028, (vii) 32,897 on July 10, 2028, (viii) 32,896 on October 10, 2028 and (ix) 32,897 on January 10, 2029.
Key Figures
ADS granted: 394,737 ADS
Grant value per ADS: $0.3800 per ADS
Total ADS after transaction: 539,088 ADS
+3 more
6 metrics
ADS granted
394,737 ADS
Grant/award acquisition on July 2, 2026
Grant value per ADS
$0.3800 per ADS
Stated price for the RSU-related ADS grant
Total ADS after transaction
539,088 ADS
Direct holdings following the grant
Initial vesting tranche
131,565 ADS
RSUs vesting on January 10, 2027
Subsequent vesting tranches
32,896–32,897 ADS each
Quarterly vesting dates from April 10, 2027 to January 10, 2029
ADS to ordinary share ratio
1 ADS : 10 ordinary shares
Each ADS represents ten ordinary shares, par value $0.001
Key Terms
American Depository Shares ("ADS"), restricted stock units ("RSUs"), equity incentive plan, vest, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents ADS underlying unvested restricted stock units ("RSUs") granted under the Company's equity incentive plan"
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
"unvested restricted stock units ("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.
vest financial
"Such unvested RSUs vest as follows: (i) 131,565 on January 10, 2027"
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.
par value financial
"ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc."
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What insider transaction did Mynd.ai (MYND) director Joel A. Getz report?
Joel A. Getz reported an equity award, not an open-market trade. He received 394,737 American Depository Shares as a grant of unvested restricted stock units under Mynd.ai’s equity incentive plan, settled in ADSs and subject to a future vesting schedule.
How many Mynd.ai (MYND) ADS did Joel A. Getz receive and at what price?
Joel A. Getz was granted 394,737 American Depository Shares at a stated value of $0.3800 per ADS. This award reflects a compensation-related acquisition of stock-linked units, rather than a market purchase, under Mynd.ai’s equity incentive plan.
How many Mynd.ai (MYND) ADS does Joel A. Getz hold after this Form 4 transaction?
After the reported grant, Joel A. Getz holds a total of 539,088 American Depository Shares directly. This figure includes the newly awarded unvested restricted stock units that are settled in ADSs and will vest over time according to the disclosed schedule.
How do Joel A. Getz’s Mynd.ai (MYND) RSUs vest over time?
The unvested RSUs underlying the ADS grant vest in installments between January 10, 2027 and January 10, 2029. Specific tranches include 131,565 ADS on January 10, 2027, followed by multiple 32,896–32,897 ADS installments on quarterly dates through January 10, 2029.
Are Joel A. Getz’s Mynd.ai (MYND) RSUs fully vested now?
No, the RSUs underlying the ADS grant are unvested and will vest in stages. Vesting dates run from January 10, 2027 through January 10, 2029, with larger initial vesting and smaller periodic installments thereafter, as detailed in the schedule.