Mynd.ai counsel has 20,769 ADS withheld for taxes
Mynd.ai, Inc. General Counsel Allyson G. Krause had 20,769 American Depository Shares (ADS) withheld by the company at $0.32 per ADS to cover income tax obligations.
Rhea-AI Filing Summary
Mynd.ai, Inc. General Counsel Allyson G. Krause had 20,769 American Depository Shares (ADS) withheld by the company at $0.32 per ADS to cover income tax obligations. This was a tax-withholding disposition tied to the vesting and net settlement of previously reported restricted stock units granted under the company’s equity incentive plan.
The filing states this event is not an open-market sale by Krause. After the withholding, she directly holds 469,840 ADS. Each ADS represents ten ordinary shares of Mynd.ai, Inc.
Positive
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Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | American Depository Shares ("ADS") | 20,769 | $0.32 | $7K |
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 financial
equity incentive plan financial
income tax withholding financial
net settlement financial
FAQ
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