Ondas CFO Gets Major Equity Incentive with 10-Year Stock Options at $1.58
Rhea-AI Filing Summary
Neil J. Laird, CFO, Secretary and Treasurer of Ondas Holdings (ONDS), received significant equity compensation on June 23, 2025, consisting of two key components:
- 100,000 Restricted Stock Units (RSUs) that vest quarterly over two years starting September 23, 2025. Each RSU converts to one share of common stock.
- 100,000 Stock Options with an exercise price of $1.58, vesting quarterly over two years starting September 23, 2025 and expiring June 23, 2035.
Both the RSUs and stock options include an accelerated vesting provision that triggers immediate full vesting upon a change in control of the company. This equity grant appears to be part of executive compensation to align the CFO's interests with shareholders and provide retention incentives through the two-year vesting schedule.
Positive
- CFO Neil Laird received substantial equity compensation package with 100,000 RSUs and 100,000 stock options, aligning long-term interests with shareholders
- Stock options granted with strike price of $1.58, providing incentive for stock price appreciation and value creation
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LAIRD NEIL J
Role
CFO, Secretary and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 100,000 | $0.00 | $0.00 |
| Grant/Award | Stock Options (right to buy) | 100,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 100,000 shares (Direct);
Stock Options (right to buy) — 100,000 shares (Direct)
Footnotes (3)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Ondas Holdings Inc. (the "Company") common stock, par value $0.0001 per share.
- F2. These RSUs vest in eight successive equal quarterly installments with the first vesting date commencing on September 23, 2025, provided that the reporting person is an officer of the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control.
- F3. These stock options vest and are exercisable in eight successive equal quarterly installments with the first vesting date commencing on September 23, 2025, provided that the reporting person is an officer of the Company on the applicable vesting dates. All stock options granted to the reporting person shall vest in full immediately upon a change in control.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock compensation did ONDS CFO Neil Laird receive on June 23, 2025?
ONDS CFO Neil Laird received two forms of equity compensation on June 23, 2025: (1) 100,000 Restricted Stock Units (RSUs) and (2) 100,000 stock options with an exercise price of $1.58 per share.
What is the vesting schedule for ONDS CFO's new RSUs and stock options?
Both the RSUs and stock options vest in eight equal quarterly installments, with the first vesting date starting September 23, 2025. The vesting is contingent on Laird remaining an officer of the company. Additionally, all grants will vest immediately if there is a change in control.
When do ONDS CFO Neil Laird's new stock options expire?
The stock options granted to Neil Laird expire on June 23, 2035, which is 10 years from the grant date of June 23, 2025.
What is the exercise price of ONDS CFO's newly granted stock options?
The stock options were granted with an exercise price of $1.58 per share.