Mynd.ai (MYND) director Robin Mendelson receives 394,737 ADS equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mendelson Robin reported acquisition or exercise transactions in this Form 4 filing.
Mynd.ai, Inc. director Robin Mendelson received an equity award of 394,737 American Depository Shares (ADS) of the company at a reference price of $0.38 per ADS. Each ADS represents ten ordinary shares. Following this grant, Mendelson directly holds 539,088 ADS.
The award consists of unvested restricted stock units that will settle in ADSs as they vest on scheduled dates from January 10, 2027 through January 10, 2029. These vesting tranches range from 32,896 to 131,565 ADS on each specified vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mendelson Robin
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
Equity grant size: 394,737 ADS
Reference price per ADS: $0.38 per ADS
Total ADS after grant: 539,088 ADS
+3 more
6 metrics
Equity grant size
394,737 ADS
Grant/award acquisition on July 2, 2026
Reference price per ADS
$0.38 per ADS
Reported transaction price for granted ADS
Total ADS after grant
539,088 ADS
Direct holdings following reported transaction
ADS to ordinary share ratio
1 ADS : 10 ordinary shares
Economic representation of each ADS
First vesting tranche
131,565 ADS
Vests on January 10, 2027
Standard vesting tranche size
32,896–32,897 ADS
Multiple vesting dates from April 10, 2027 to January 10, 2029
Key Terms
American Depository Shares, restricted stock units, equity incentive plan, vesting
4 terms
restricted stock units financial
"Represents ADS underlying unvested restricted stock units ("RSUs") granted under the Company's equity incentive plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
vesting financial
"Such unvested RSUs vest as follows: (i) 131,565 on January 10, 2027, (ii) 32,897 on April 10, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Mynd.ai (MYND) director Robin Mendelson report in this Form 4?
Robin Mendelson reported receiving a grant of 394,737 American Depository Shares of Mynd.ai as an equity award. These shares are structured as restricted stock units that vest over time and increase her total direct holdings to 539,088 ADS following the reported transaction.
How many Mynd.ai (MYND) ADS were granted to Robin Mendelson and at what price?
Robin Mendelson was granted 394,737 American Depository Shares at a reference price of $0.38 per ADS. The grant is characterized as a compensation-related award, not an open-market purchase, and forms part of her overall equity position in the company.
How many Mynd.ai (MYND) ADS does Robin Mendelson own after this Form 4 transaction?
After the reported equity grant, Robin Mendelson directly holds a total of 539,088 American Depository Shares of Mynd.ai. This figure includes the newly granted unvested restricted stock units that will settle in ADSs as they vest on future scheduled dates.
How are Robin Mendelson’s Mynd.ai (MYND) RSUs scheduled to vest?
The unvested restricted stock units are scheduled to vest in multiple tranches between January 10, 2027 and January 10, 2029. Individual vesting dates include amounts from 32,896 to 131,565 ADS, with settlement occurring in ADSs under the company’s equity incentive plan.
Are Robin Mendelson’s Mynd.ai (MYND) awards part of an equity incentive plan?
Yes, the reported unvested restricted stock units were granted under Mynd.ai’s equity incentive plan. The RSUs are designed to be settled in American Depository Shares as they vest on the specified dates, aligning director compensation with long-term company performance.