Mynd.ai (MYND) GC sees 20,769 ADS withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Krause Allyson G.
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | American Depository Shares ("ADS") | 20,769 | $0.32 | $7K |
Holdings After Transaction:
American Depository Shares ("ADS") — 469,840 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: 20,769 ADS
Withholding reference price: $0.32 per ADS
Holdings after transaction: 469,840 ADS
+1 more
4 metrics
ADS withheld for taxes
20,769 ADS
Withheld to satisfy income tax obligations on RSU vesting
Withholding reference price
$0.32 per ADS
Price per ADS used in tax-withholding disposition
Holdings after transaction
469,840 ADS
Directly held by Allyson G. Krause following withholding
ADS to ordinary share ratio
1 ADS = 10 ordinary shares
Each ADS represents ten ordinary shares, par value $0.001
Key Terms
American Depository Shares, restricted stock units, equity incentive plan, income tax withholding, +1 more
5 terms
restricted stock units financial
"in connection with the vesting and net settlement of previously reported 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 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
"withheld by the Issuer to satisfy its income tax withholding and remittance obligations"
net settlement financial
"in connection with the vesting and net settlement of previously reported restricted stock units"
FAQ
What insider transaction did Mynd.ai (MYND) report for Allyson G. Krause?
Mynd.ai reported that General Counsel Allyson G. Krause had 20,769 ADS withheld by the company at $0.32 per ADS. This was to satisfy income tax obligations related to vesting restricted stock units under the company’s equity incentive plan, not an open-market sale.
How many Mynd.ai (MYND) ADS does Allyson G. Krause hold after this transaction?
After the tax-withholding disposition, Allyson G. Krause directly holds 469,840 ADS of Mynd.ai. These holdings reflect her position following the company’s withholding of 20,769 ADS to satisfy tax obligations tied to vested restricted stock units granted under the equity incentive plan.
Why did Mynd.ai (MYND) withhold ADS from Allyson G. Krause?
Mynd.ai withheld 20,769 ADS from Allyson G. Krause to satisfy the company’s income tax withholding and remittance obligations. This withholding was connected to the vesting and net settlement of previously reported restricted stock units granted under its equity incentive plan, per the Form 4 footnote.