Mynd.ai (MYND) CEO Giterman has 131,150 ADS withheld for RSU taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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: 131,150 ADS
Price per ADS: $0.32 per ADS
Shares after transaction: 1,519,129 ADS
+2 more
5 metrics
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
Key Terms
American Depository Shares, restricted stock units, equity incentive plan, income tax withholding, +1 more
5 terms
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.
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.