Ondas (NASDAQ: ONDS) director logs RSU vesting and tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ondas Inc. director Jaspreet K. Sood reported routine equity compensation activity involving Restricted Stock Units (RSUs) and related tax withholding. On May 18, 2026, RSU vesting resulted in the delivery of 39,215 shares and 5,633 shares of Common Stock, tied to prior RSU grants in May 2025 and August 2025.
Following vesting, the company disposed of shares on May 20, 2026 at $9.70 per share to cover tax liabilities from the RSU vesting, coded as tax-withholding dispositions rather than open-market sales. After these transactions, Sood directly held 227,973 shares of Ondas Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
44,848 shares exercised/converted
Mixed
12 txns
Insider
SOOD JASPREET K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,256 | $9.70 | $90K |
| Tax Withholding | Common Stock | 10,630 | $9.70 | $103K |
| Tax Withholding | Common Stock | 1,337 | $9.70 | $13K |
| Tax Withholding | Common Stock | 1,331 | $9.70 | $13K |
| Exercise | Restricted Stock Units | 19,607 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,608 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,816 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,817 | $0.00 | -- |
| Exercise | Common Stock | 19,607 | $0.00 | -- |
| Exercise | Common Stock | 19,608 | $0.00 | -- |
| Exercise | Common Stock | 2,816 | $0.00 | -- |
| Exercise | Common Stock | 2,817 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 227,973 shares (Direct, null);
Restricted Stock Units — 19,608 shares (Direct, null)
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"). These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs. Each RSU represents a contingent right to receive one share of Common Stock. On May 12, 2025, the reporting person was granted 78,431 RSUs. The RSUs vested 25% on each of July 1, 2025, October 1, 2025, January 1, 2026, and April 1, 2026. In connection with the vesting of these RSUs, 39,215 shares of Common Stock were delivered to the reporting person on May 18, 2026. On August 11, 2025, the reporting person was granted 15,645 RSUs. The RSUs vested (i) 1,561 RSUs during the third quarter of 2025, (ii) 2,817 RSUs during the fourth quarter of 2025, (iii) 2,816 RSUs during the first quarter of 2026, and (iv) 2,817 RSUs during the second quarter of 2026. The remaining RSUs will vest 2,817 RSUs in each of the third and fourth quarters of 2026, 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, 5,633 shares of Common Stock were delivered to the reporting person on May 18, 2026.
Key Figures
RSU vesting delivery 1: 39,215 shares
RSU vesting delivery 2: 5,633 shares
Tax-withholding shares: 22,554 shares
+4 more
7 metrics
RSU vesting delivery 1
39,215 shares
Common Stock delivered from RSUs on May 18, 2026
RSU vesting delivery 2
5,633 shares
Common Stock delivered from RSUs on May 18, 2026
Tax-withholding shares
22,554 shares
F-code tax-withholding dispositions on May 20, 2026
Tax-withholding price
$9.70 per share
Dispositions used to fund RSU-related tax liability
Shares after transactions
227,973 shares
Direct Ondas Common Stock holdings following all reported trades
RSU grant 1 size
78,431 RSUs
Grant dated May 12, 2025 with quarterly vesting
RSU grant 2 size
15,645 RSUs
Grant dated August 11, 2025 with staged vesting
Key Terms
Restricted Stock Units, tax liability, change in control, tax-withholding disposition, +1 more
5 terms
Restricted Stock Units financial
"Represents shares of Ondas Inc. common stock received upon vesting of 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.
tax liability financial
"These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs."
change in control financial
"All RSUs granted to the reporting person shall vest in full immediately upon a change in control."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
FAQ
What did Ondas (ONDS) director Jaspreet K. Sood report in this Form 4?
Jaspreet K. Sood reported RSU vesting and related tax-withholding transactions. RSUs converted into Ondas common shares on May 18, 2026, and the company later disposed of some shares at $9.70 to satisfy tax liabilities from that vesting.
Were the Ondas (ONDS) Form 4 transactions open-market sales by the director?
No. The dispositions are coded as F transactions, indicating tax-withholding events. Footnotes state the shares were sold by the company to fund tax liability arising from RSU vesting, not discretionary open-market sales directed by the reporting person.
What RSU awards to Ondas (ONDS) director Jaspreet K. Sood are described in the footnotes?
Footnotes describe RSU grants of 78,431 units on May 12, 2025 and 15,645 units on August 11, 2025. These RSUs vest in scheduled quarterly installments, with all units vesting immediately upon a change in control, subject to continued service as a director.