Mynd.ai CEO granted 7.1M ADS stock award
Giterman Arthur G. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Giterman Arthur G. reported acquisition or exercise transactions in this Form 4 filing.
Mynd.ai, Inc. reported that CEO and CFO Arthur G. Giterman received a grant of 7,092,106 American Depository Shares (ADS) as a stock award. The reference price for the grant is $0.38 per ADS, and this is classified as a grant or award, not an open‑market purchase.
Following this award, Giterman directly holds 8,611,235 ADS. Each ADS represents ten ordinary shares of Mynd.ai, Inc. The unvested restricted stock units underlying these ADSs vest in multiple installments between January 10, 2027 and January 10, 2029, aligning the executive’s compensation with longer‑term company performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | American Depository Shares ("ADS") | 7,092,106 | $0.38 | $2.70M |
Footnotes (2)
- F1. Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company").
- F2. 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) 2,363,798 on January 10, 2027, (ii) 591,039 on April 10, 2027, (iii) 591,038 on July 10, 2027, (iv) 591,039 on October 10, 2027, (v) 591,038 on January 10, 2028, (vi) 591,038 on April 10, 2028, (vii) 591,039 on July 10, 2028, (viii) 591,038 on October 10, 2028 and (ix) 591,039 on January 10, 2029.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
equity incentive plan financial
vest financial
transaction code A regulatory
FAQ
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What insider transaction did Mynd.ai (MYND) report for Arthur G. Giterman?
Is the Mynd.ai (MYND) Form 4 transaction a stock purchase or a grant?
How many Mynd.ai (MYND) ADS does Arthur G. Giterman hold after this Form 4?
What is the reference price per ADS in the Mynd.ai (MYND) grant?
When do the Mynd.ai (MYND) RSUs granted to Arthur G. Giterman vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.