Mynd.ai withholds 4,216 depositary shares for taxes
The chief revenue officer directly held 1,050,660 ADS after the withholding; each ADS represents ten ordinary shares.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Mynd.ai, Inc. reported that Chief Revenue Officer Michael B. Strand had 4,216 American Depository Shares (ADS) withheld by the issuer on October 9, 2026, to satisfy income tax withholding and remittance obligations connected with vesting and net settlement of previously reported restricted stock units. The reported transaction price was $0.2900 per ADS. This was not a sale by Strand; his direct holdings afterward were 1,050,660 ADS. Each ADS represents ten ordinary shares of Mynd.ai, Inc.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | American Depository Shares ("ADS") F1, F2 | 4,216 | $0.29 | $1K |
Footnotes (2)
- F1. Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company").
- F2. 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
Key Terms
restricted stock units ("RSUs") financial
net settlement financial
FAQ
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How many MYND ADS were withheld from Michael B. Strand?
Was Michael B. Strand's MYND transaction a sale?
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