Mynd.ai CRO has ADS withheld for taxes
Mynd.ai, Inc. reported that Chief Revenue Officer Michael B. Strand had 4,216 American Depository Shares ("ADS") withheld by the issuer on July 10, 2026 at $0.4100 per ADS to satisfy income tax withholding obligations related to vesting restricted stock units.
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 July 10, 2026 at $0.4100 per ADS to satisfy income tax withholding obligations related to vesting restricted stock units.
This transaction is not a sale by the reporting person. After the withholding, Strand directly holds 1,054,876 ADS, each representing ten ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | American Depository Shares ("ADS") F1, F2 | 4,216 | $0.41 | $2K |
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
equity incentive plan financial
FAQ
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What insider transaction did Mynd.ai (MYND) report for Michael B. Strand?
How many Mynd.ai (MYND) ADS does Michael B. Strand hold after the transaction?
Why were the Mynd.ai (MYND) ADS withheld from Michael B. Strand?
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