65,407 ADS withheld for taxes from Mynd.ai, Inc. (MYND) CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mynd.ai, Inc. CEO and CFO Arthur G. Giterman had 65,407 American Depository Shares (ADS) withheld on July 10, 2026 at $0.41 per ADS to satisfy income tax obligations related to vesting and net settlement of previously granted RSUs.
The ADS were withheld by the issuer and do not represent an open-market sale. Following this event, Giterman directly holds 8,545,828 ADS. Each ADS represents ten ordinary shares of Mynd.ai, Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Giterman Arthur G.
Role
CEO and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | American Depository Shares ("ADS") | 65,407 | $0.41 | $27K |
Holdings After Transaction:
American Depository Shares ("ADS") — 8,545,828 shares (Direct)
Footnotes (1)
- Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company"). This transaction is not a sale by the reporting person. Rather, the transaction represents ADS that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs") granted under the Issuer's equity incentive plan.
Key Figures
ADS withheld for taxes: 65,407 ADS
Withholding reference price: $0.41 per ADS
Direct holdings after transaction: 8,545,828 ADS
+1 more
4 metrics
ADS withheld for taxes
65,407 ADS
ADS withheld to satisfy income tax obligations on RSU vesting
Withholding reference price
$0.41 per ADS
Price per ADS used for the tax-withholding disposition on July 10, 2026
Direct holdings after transaction
8,545,828 ADS
Arthur G. Giterman’s direct ADS position following the tax withholding
ADS-to-share ratio
10 ordinary shares per ADS
Each ADS represents ten ordinary shares, par value $0.001
Key Terms
American Depository Shares, restricted stock units, equity incentive plan, income tax withholding, +1 more
5 terms
restricted stock units financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
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 Issuer's equity incentive plan"
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.
income tax withholding financial
"to satisfy its income tax withholding and remittance obligations"
net settlement financial
"in connection with the vesting and net settlement of previously reported RSUs"
FAQ
What insider transaction did Mynd.ai (MYND) report for CEO Arthur G. Giterman?
Arthur G. Giterman had 65,407 ADS withheld by Mynd.ai to cover income tax obligations on vesting RSUs. The withholding used a reference price of $0.41 per ADS and was related to the company’s equity incentive plan, not an open-market sale.
How many Mynd.ai (MYND) ADS does the CEO hold after this tax withholding?
After the tax-withholding transaction, Arthur G. Giterman directly holds 8,545,828 ADS of Mynd.ai. These ADS represent his post-transaction position following the withholding related to RSU vesting under the company’s equity incentive plan.
At what price were the withheld Mynd.ai (MYND) ADS valued for tax purposes?
The 65,407 ADS withheld to cover tax obligations were valued at a reference price of $0.41 per ADS. This price is used solely for determining the value of the tax-withholding disposition, not as an open-market sale price.
What equity awards were involved in Mynd.ai (MYND) CEO’s tax-withholding transaction?
The tax-withholding disposition relates to previously reported restricted stock units (RSUs) granted under Mynd.ai’s equity incentive plan. The ADS were withheld when those RSUs vested and were net settled, triggering income tax obligations for the award.