Shares withheld for taxes at Mynd.ai, Inc. (MYND) after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mynd.ai, Inc. reports that Chief Product Officer Lance I. Solomon had 10,670 American Depository Shares ("ADS") withheld by the company at $0.41 per ADS to satisfy income tax obligations on vesting RSUs. This is not an open-market sale. Following the withholding, he directly holds 1,418,642 ADS, each representing ten ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Solomon Lance I.
Role
Chief Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | American Depository Shares ("ADS") | 10,670 | $0.41 | $4K |
Holdings After Transaction:
American Depository Shares ("ADS") — 1,418,642 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: 10,670 ADS
Withholding Price per ADS: $0.41 per ADS
Direct ADS Holdings After Transaction: 1,418,642 ADS
+1 more
4 metrics
ADS Withheld for Taxes
10,670 ADS
ADS withheld by issuer to satisfy income tax withholding on vesting RSUs
Withholding Price per ADS
$0.41 per ADS
Price per ADS used in the tax-withholding disposition on 2026-07-10
Direct ADS Holdings After Transaction
1,418,642 ADS
Direct ADS position of Lance I. Solomon following the withholding transaction
ADS to Ordinary Share Ratio
1 ADS = 10 ordinary shares
Each ADS represents ten ordinary shares, par value $0.001 per share
Key Terms
American Depository Shares ("ADS"), restricted stock units ("RSUs"), equity incentive plan
3 terms
restricted stock units ("RSUs") financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
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 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.
FAQ
What insider transaction did Mynd.ai (MYND) disclose for Lance I. Solomon?
Mynd.ai disclosed that Chief Product Officer Lance I. Solomon had 10,670 ADS withheld by the company at $0.41 per ADS to satisfy income tax withholding on vesting RSUs, rather than selling those shares on the open market.
How many Mynd.ai (MYND) ADS does Lance I. Solomon hold after the transaction?
After the tax withholding transaction, Lance I. Solomon directly holds 1,418,642 American Depository Shares ("ADS") of Mynd.ai. These ADS remain his direct holdings following the RSU vesting and associated share withholding for tax purposes.