Ondas sells 4,952 shares to cover CFO's vesting tax
The reported sale was described as funding tax liability tied to the RSU vesting, while the post-transaction position included 37,500 RSUs.
Rhea-AI Filing Summary
Ondas Inc.'s CFO and Treasurer Neil J. Laird received 12,500 common shares in connection with 12,500 RSUs vesting on September 23, 2026; the shares were delivered September 24, 2026. A sale of 4,952 shares at $7.74 per share was described as a company sale to fund tax liability attributable to the RSU vesting. No Rule 10b5-1 plan is reported.
The RSUs were part of a 100,000-RSU grant made June 23, 2025. After the transaction, the reported position included 37,500 RSUs; the Form 4 also lists 769 common shares held by his spouse and 4,400 shares held in his spouse's IRA. The grant provides for 37.5% to vest in three successive equal quarterly installments if he is an officer on the applicable vesting dates, with all RSUs vesting in full immediately upon a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
LAIRD NEIL J
Role
CFO and Treasurer
Sold
4,952 shs ($38K)
Approx. gross sale proceeds
$38K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F3, F4 | 12,500 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 12,500 | $0.00 | $0.00 |
| Sale | Common Stock F2 | 4,952 | $7.74 | $38K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 37,500 contracts (Direct);
Common Stock — 42,246 shares (Direct);
Common Stock — 769 shares (Indirect, By Spouse);
Common Stock — 4,400 shares (Indirect, By Spouse IRA)
Footnotes (4)
- F1. 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").
- F2. These shares were sold by the Company to fund tax liability attributable to the vesting of the RSUs.
- F3. Each RSU represents a contingent right to receive one share of Common Stock.
- F4. On June 23, 2025, the reporting person was granted 100,000 RSUs. The RSUs (i) vested 12.5% on each of September 23, 2025, December 23, 2025, March 23, 2026, June 23, 2026, and September 23, 2026 and (ii) vest 37.5% in three 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 September 24, 2026.
Key Figures
RSUs vested: 12,500 RSUs
Common shares delivered: 12,500 shares
Shares sold: 4,952 shares
+5 more
8 metrics
RSUs vested
12,500 RSUs
September 23, 2026 vesting date
Common shares delivered
12,500 shares
Delivered September 24, 2026 upon RSU vesting
Shares sold
4,952 shares
September 24, 2026; sale described as funding tax liability attributable to RSU vesting
Sale price
$7.74 per share
September 24, 2026 sale
RSUs following transaction
37,500 RSUs
Reported position following the transaction
Spouse-held common shares
769 shares
Indirect holding listed in the Form 4
Spouse IRA common shares
4,400 shares
Indirect holding listed in the Form 4
RSU grant
100,000 RSUs
Granted June 23, 2025
Key Terms
Restricted Stock Units, contingent right, vesting, change in control
4 terms
Restricted Stock Units financial
"shares received upon vesting of Restricted Stock Units"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share"
vesting financial
"In connection with the vesting of these RSUs"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change in control financial
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the ONDS CFO's RSU vesting terms?
Laird received a 100,000-RSU grant on June 23, 2025. The RSUs vested 12.5% on each of September 23, 2025, December 23, 2025, March 23, 2026, June 23, 2026, and September 23, 2026. Another 37.5% vests in three successive equal quarterly installments if he is an officer on the applicable dates; all RSUs vest in full immediately upon a change in control.
AI-generated analysis. How Rhea-AI works. Not financial advice.
