STOCK TITAN

Mynd.ai (NASDAQ: MYND) director receives 592,106 ADS equity grant at $0.38

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Leung Lim Kin Simon reported acquisition or exercise transactions in this Form 4 filing.

Mynd.ai, Inc. director Leung Lim Kin Simon received an equity compensation award of 592,106 American Depository Shares (ADS) on July 2, 2026, at a reference price of $0.38 per ADS. This increased his direct holdings to 815,010 ADS.

The award consists of unvested restricted stock units (RSUs) that will be settled in ADSs. These RSUs vest in multiple tranches between January 10, 2027 and January 10, 2029, subject to the company’s equity incentive plan terms.

Positive

  • None.

Negative

  • None.
Insider Leung Lim Kin Simon
Role null
Type Security Shares Price Value
Grant/Award American Depository Shares ("ADS") 592,106 $0.38 $225K
Holdings After Transaction: American Depository Shares ("ADS") — 815,010 shares (Direct, null)
Footnotes (1)
  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) 197,348 on January 10, 2027, (ii) 49,345 on April 10, 2027, (iii) 49,345 on July 10, 2027, (iv) 49,344 on October 10, 2027, (v) 49,345 on January 10, 2028, (vi) 49,345 on April 10, 2028, (vii) 49,344 on July 10, 2028, (viii) 49,345 on October 10, 2028 and (ix) 49,345 on January 10, 2029.
ADS granted 592,106 ADS Equity award on July 2, 2026
Grant price per ADS $0.38 per ADS Reference price for RSU award
Holdings after transaction 815,010 ADS Director’s direct position post-grant
ADS to ordinary share ratio 1 ADS = 10 ordinary shares Mynd.ai capital structure
First vesting tranche 197,348 ADS Vests January 10, 2027
Subsequent vesting tranches 49,344–49,345 ADS each Vest on dates from April 2027 to January 2029
American Depository Shares ("ADS") financial
"Each ADS represents ten (10) ordinary shares, par value $0.001 per share"
restricted stock units ("RSUs") financial
"Represents ADS underlying unvested restricted stock units ("RSUs") granted under the Company's equity incentive plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
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) 197,348 on January 10, 2027, (ii) 49,345 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.
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FAQ

What insider transaction did Mynd.ai (MYND) report for Leung Lim Kin Simon?

Mynd.ai reported that director Leung Lim Kin Simon received a grant of 592,106 American Depository Shares as equity compensation. The award was recorded at $0.38 per ADS and increased his direct holdings to 815,010 ADS after the transaction.

Was the Mynd.ai (MYND) Form 4 transaction a market purchase or a grant?

The Form 4 transaction was a grant, not a market purchase. The director acquired 592,106 ADS through a compensation award of unvested restricted stock units under Mynd.ai’s equity incentive plan, rather than buying shares on the open market.

How many Mynd.ai (MYND) ADS does the director hold after this Form 4?

Following the grant, director Leung Lim Kin Simon holds 815,010 American Depository Shares directly. This total includes the newly awarded 592,106 ADS represented by unvested restricted stock units that will settle in ADSs as they vest over time.

What is the vesting schedule for the Mynd.ai (MYND) RSU award?

The unvested RSUs vest in nine tranches between January 10, 2027, and January 10, 2029. Specific installments range from 49,344 to 197,348 ADS-equivalent units, each tied to scheduled vesting dates under the company’s equity incentive plan.

How do Mynd.ai (MYND) ADS relate to ordinary shares in this Form 4?

Each American Depository Share of Mynd.ai represents ten ordinary shares with a par value of $0.001. The reported 592,106 ADS grant and 815,010 ADS post-transaction holdings therefore correspond to larger numbers of underlying ordinary shares at this fixed ratio.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Leung Lim Kin Simon

(Last)(First)(Middle)
4550 NORTH POINT PARKWAY, SUITE 370
C/O MYND.AI, INC.

(Street)
ALPHARETTA GEORGIA 30022

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Mynd.ai, Inc. [ MYND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
American Depository Shares ("ADS")(1)07/02/2026A592,106(2)A$0.38815,010D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each ADS represents ten (10) ordinary shares, par value $0.001 per share, of Mynd.ai, Inc. (the "Company").
2. 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) 197,348 on January 10, 2027, (ii) 49,345 on April 10, 2027, (iii) 49,345 on July 10, 2027, (iv) 49,344 on October 10, 2027, (v) 49,345 on January 10, 2028, (vi) 49,345 on April 10, 2028, (vii) 49,344 on July 10, 2028, (viii) 49,345 on October 10, 2028 and (ix) 49,345 on January 10, 2029.
Remarks:
/s/ Allyson G. Krause, Attorney-in-Fact07/07/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)