Ondas (NASDAQ: ONDS) CFO converts 12,500 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ondas Inc. CFO and Treasurer Neil J. Laird exercised and vested 12,500 Restricted Stock Units into 12,500 shares of common stock at a price of $0.0000 per share on February 24, 2026. Following this transaction, he directly holds 20,724 shares of common stock and 75,000 RSUs.
These RSUs are part of a 100,000-unit grant made on June 23, 2025, which vested 12.5% on each of September 23, 2025 and December 23, 2025, with the remaining 75% vesting in six equal quarterly installments while he remains an officer. All RSUs vest in full upon a change in control.
He also reports indirect ownership of common stock through his spouse and spouse’s IRA, totaling 5,169 shares after the reported date.
Positive
- None.
Negative
- None.
Insider Trade Summary
12,500 shares exercised/converted
Mixed
4 txns
Insider
LAIRD NEIL J
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 12,500 | $0.00 | -- |
| Exercise | Common Stock | 12,500 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 75,000 shares (Direct);
Common Stock — 20,724 shares (Direct);
Common Stock — 769 shares (Indirect, By Spouse)
Footnotes (1)
- Represents shares of Ondas 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 June 23, 2025, the reporting person was granted 100,000 RSUs. The RSUs (i) vested 12.5% on each of September 23, 2025 and December 23, 2025, and (ii) vest 75.0% in six successive equal quarterly installments, 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. In connection with the vesting of these RSUs, 12,500 shares of Common Stock were delivered to the reporting person on February 24, 2026.
FAQ
What did Ondas (ONDS) CFO Neil J. Laird report in this Form 4?
Neil J. Laird reported exercising and vesting 12,500 Restricted Stock Units into 12,500 Ondas common shares at no cash cost. The filing also updates his direct and indirect stock and RSU holdings as of February 24, 2026.
What is the size and vesting schedule of Neil J. Laird’s Ondas (ONDS) RSU grant?
Neil J. Laird received a grant of 100,000 Restricted Stock Units on June 23, 2025. The award vested 12.5% on September 23, 2025, another 12.5% on December 23, 2025, and the remaining 75% in six equal quarterly installments while he remains an officer.
How many Ondas (ONDS) securities does the CFO own after the reported Form 4?
After the reported transactions, Neil J. Laird directly holds 20,724 shares of Ondas common stock and 75,000 Restricted Stock Units. He also reports indirect ownership of 769 shares through his spouse and 4,400 shares through his spouse’s IRA.
What triggers full vesting of the CFO’s Ondas (ONDS) RSUs?
All Restricted Stock Units granted to Neil J. Laird vest in full immediately upon a change in control of Ondas Inc. This means any qualifying change in control accelerates vesting of all unvested RSUs described in the grant terms.
How are the Ondas (ONDS) RSUs structured in terms of conversion to common stock?
Each Restricted Stock Unit represents a contingent right to receive one share of Ondas common stock. Upon vesting, RSUs convert on a one-for-one basis, as shown by 12,500 RSUs converting into 12,500 common shares in this Form 4.