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Mynd.ai (MYND) CEO Giterman has 131,150 ADS withheld for RSU taxes

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

Rhea-AI Filing Summary

Mynd.ai, Inc. CEO and CFO Arthur G. Giterman reported a tax-related share disposition involving American Depository Shares ("ADS"). On this date, 131,150 ADS at $0.32 per ADS were withheld by the company to cover income tax obligations from vesting restricted stock units. Following this non-market transaction, Giterman directly holds 1,519,129 ADS. Each ADS represents ten ordinary shares of Mynd.ai, Inc.

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Insider Giterman Arthur G.
Role CEO and CFO
Type Security Shares Price Value
Tax Withholding American Depository Shares ("ADS") 131,150 $0.32 $42K
Holdings After Transaction: American Depository Shares ("ADS") — 1,519,129 shares (Direct)
Footnotes (1)
  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.
ADS withheld for taxes 131,150 ADS Tax-withholding disposition on American Depository Shares
Price per ADS $0.32 per ADS Value used for tax-withholding disposition
Shares after transaction 1,519,129 ADS Direct holdings following the transaction
ADS to ordinary share ratio 1 ADS = 10 ordinary shares Representation of underlying Mynd.ai ordinary shares
Tax-withholding shares count 131,150 shares Total ADS used to satisfy income tax withholding
American Depository Shares financial
"The security is described as American Depository Shares ("ADS")."
American depository shares are U.S.-listed securities that stand in for a foreign company’s ordinary shares, held by a U.S. bank which issues the ADS so investors can trade the foreign stock in U.S. dollars and on U.S. exchanges. Think of them like a locally wrapped version of a foreign product—easier to buy and sell at home—but they still carry risks from currency differences, foreign rules and potential limits on voting rights, so they affect access, liquidity and investment risk.
restricted stock units financial
"The disposition relates to vesting and net settlement of 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 were 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
"ADS were withheld to satisfy income tax withholding and remittance obligations."
tax-withholding disposition financial
"Transaction action is characterized as a tax-withholding disposition."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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*
Giterman Arthur G.

(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
XOfficer (give title below)Other (specify below)
CEO and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026
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)04/10/2026F131,150(2)D$0.321,519,129D
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. 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.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Allyson G. Krause, Attorney-in-Fact04/13/2026
** 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)

FAQ

What insider transaction did Mynd.ai (MYND) report for Arthur G. Giterman?

Mynd.ai reported that CEO and CFO Arthur G. Giterman had 131,150 American Depository Shares withheld. These ADS were used to satisfy income tax obligations related to the vesting of previously granted restricted stock units under the company’s equity incentive plan.

Was the April 10, 2026 Mynd.ai (MYND) Form 4 transaction an open-market sale?

No, the Form 4 states the transaction was not a sale. The 131,150 ADS were withheld by Mynd.ai to cover income tax withholding and remittance obligations tied to the vesting and net settlement of restricted stock units previously granted to Arthur G. Giterman.

How many Mynd.ai (MYND) ADS does Arthur G. Giterman hold after this Form 4?

After the tax-withholding disposition, Arthur G. Giterman directly holds 1,519,129 American Depository Shares of Mynd.ai. The filing also notes that each ADS represents ten ordinary shares of Mynd.ai, providing a standardized way for investors to hold the company’s equity.

What price per share is reported in the Mynd.ai (MYND) Form 4 transaction?

The Form 4 lists a price of $0.32 per American Depository Share for the 131,150 ADS withheld. This figure is used for the tax-withholding disposition related to the vesting and net settlement of restricted stock units for Arthur G. Giterman.

What do Mynd.ai (MYND) American Depository Shares represent in this filing?

The filing explains that each Mynd.ai American Depository Share represents ten ordinary shares of the company. This ADS structure allows investors to hold and trade interests in the company’s ordinary shares more easily on markets that list the ADS instead of the underlying shares.