Ondas Director Randy Seidl Increases Stake to 196,513 Shares in Scheduled Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ondas Holdings director Randy Seidl reported the acquisition of 21,035 shares of common stock on June 17, 2025, through the vesting of Restricted Stock Units (RSUs). The transaction was executed at $0 per share as part of a predetermined RSU vesting schedule.
Key details of the RSU grant:
- Original grant of 84,139 RSUs made on November 18, 2024
- Vesting occurs in 25% increments on January 1, April 1, July 1, and October 1, 2025
- Vesting contingent on continued service as director
- Accelerated vesting provision upon change in control
Following this transaction, Seidl directly owns 196,513 shares of common stock and 42,069 unvested RSUs. This Form 4 filing represents standard equity compensation for board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,035 shares exercised/converted
Mixed
2 txns
Insider
Seidl Randy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,035 | $0.00 | -- |
| Exercise | Common Stock | 21,035 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 42,069 shares (Direct);
Common Stock — 196,513 shares (Direct)
Footnotes (1)
- Represents shares of Ondas Holdings Inc. (the "Company") common stock, par value $0.0001 per share ("Common Stock"), received upon vesting of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. On November 18, 2024, the reporting person was granted 84,139 RSUs. The RSUs vest 25% on each of January 1, 2025, April 1, 2025, July 1, 2025, and October 1, 2025, provided that the reporting person is a director of the Company on the applicable vesting date. All RSUs granted to the reporting person shall vest in full immediately upon a change in control. In connection with the vesting of these RSUs, 21,035 shares of Common Stock were delivered to the reporting person on June 17, 2025.
FAQ
What is the vesting schedule for Randy Seidl's ONDS RSU grant from November 2024?
The RSUs granted on November 18, 2024 (84,139 units total) vest in four equal installments of 25% each on January 1, April 1, July 1, and October 1, 2025, subject to Seidl remaining a director of the company on the applicable vesting dates. The RSUs would vest immediately upon a change in control.
What was the exercise price of the ONDS RSUs that vested for Randy Seidl?
The Restricted Stock Units were converted to common stock at no cost ($0) to Randy Seidl, as RSUs represent a contingent right to receive shares without requiring payment upon vesting.