Mynd.ai (MYND) CPO has 10,670 ADS withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mynd.ai, Inc. Chief Product Officer Lance I. Solomon reported a routine tax-related share disposition. On April 10, 2026, 10,670 American Depository Shares (ADS) were withheld at $0.32 per ADS to satisfy income tax obligations tied to vesting restricted stock units. After this non-market transaction, Solomon directly holds 265,201 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
Solomon Lance I.
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | American Depository Shares ("ADS") | 10,670 | $0.32 | $3K |
Holdings After Transaction:
American Depository Shares ("ADS") — 265,201 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: 10,670 ADS
Withholding price per ADS: $0.32 per ADS
Direct holdings after transaction: 265,201 ADS
+1 more
4 metrics
ADS withheld for taxes
10,670 ADS
Tax-withholding disposition on April 10, 2026
Withholding price per ADS
$0.32 per ADS
Value used for tax-withholding disposition
Direct holdings after transaction
265,201 ADS
Shares directly owned after tax withholding
ADS to ordinary share ratio
1 ADS : 10 ordinary shares
Structure of Mynd.ai American Depository Shares
Key Terms
American Depository Shares, restricted stock units, equity incentive plan, income tax withholding
4 terms
restricted stock units financial
"in connection with the vesting and net settlement of previously reported restricted stock units ("RSUs")"
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
"withheld by the Issuer to satisfy its income tax withholding and remittance obligations"
FAQ
What insider transaction did Mynd.ai (MYND) report for Lance I. Solomon?
Mynd.ai reported that Chief Product Officer Lance I. Solomon had 10,670 American Depository Shares withheld. These shares covered income tax obligations from vesting restricted stock units, and were not sold on the open market.
Was the Mynd.ai (MYND) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 10,670 ADS were withheld by Mynd.ai to satisfy income tax withholding and remittance obligations related to vesting restricted stock units under the company’s equity incentive plan.
How many Mynd.ai (MYND) ADS does Lance I. Solomon hold after this transaction?
After the tax-withholding disposition, Lance I. Solomon directly holds 265,201 American Depository Shares. This figure reflects his position following the withholding of 10,670 ADS for income tax obligations on vested restricted stock units.
Why were Mynd.ai (MYND) ADS withheld in connection with RSUs?
The ADS were withheld to cover income tax withholding and remittance obligations arising from RSUs vesting. Instead of paying taxes in cash, a portion of vested shares from the equity incentive plan was retained by the issuer to satisfy these obligations.